The Department of Labor ("DOL") issued a Notice of Proposed Rulemaking ("NPRM") on Friday which would change reporting requirements for federal contractors under the Vietnam Era Veterans' Readjustment Assistance Act ("VEVRAA"). Under the proposed rule, covered contractors would be required to report information about protected veteran employees "in the aggregate" instead of for each protected VEVRAA and EEO-1 job category. Contractors are covered by the proposed rule if they have been awarded or granted contracts or subcontracts of $100,000 or more entered into or modified on or after December 1, 2003. The current "VETS-100A" reports would be renamed "VETS-4212" reports.
The NPRM also proposes to rescind reporting requirements applicable to contracts and subcontracts entered into before December 1, 2003 because the Veterans' Employment and Training Service ("VETS") believes they have become obsolete.
Comments on the NPRM will be accepted through April 25, 2014.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
