WHO NEEDS AN AFFIRMATIVE ACTION PROGRAM?
Federal Regulations require that a contractor/subcontractor who has 50 or more
employees and:
-
Has a contract/subcontract of $50,000 or more; OR
-
Has Government bills of lading which in any 12-month period, total or can
reasonably be expected to total $50,000 or more; OR
-
Serves as a depository of Government funds in any amount; OR
-
Is a financial institution which is an issuing and paying agent for U.S.
savings bonds
must annually develop and maintain an
Affirmative Action Program for each of its
facilities. In addition, an Affirmative Action
Program is required for Veterans and the
Disabled as well.
A contractor/subcontractor has 120 days from
commencement of a government contract to
develop a written Affirmative Action Program for
each of its facilities that meet the above criteria.
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