Publicly traded companies are under the same obligations as private companies with respect to AAP requirements. If they have a federal contract or subcontract over $10,000, they have certain obligations under EO 11246. At over $15,000, there are obligations under Section 503 of the Rehabilitation Act. At $150,000, there are obligations under VEVRAA. If the company has 50 or more employees and $50,000 or more in contracts, they must also prepare an AAP under EO 11246 and Section 503 of the Rehabilitation Act. At $150,000, they would also need to prepare an AAP under VEVRAA. Biddle Consulting Group assists hundreds of federal contracts with AAP preparation, software solutions, and training. If you have any further questions or need clarification, feel free to reach me at [email protected].
You can use this OFCCP audit checklist to ensure you're doing what is required to maintain OFCCP's regulations including VEVRAA, Section 503, and EO 11246. Or request a demo to streamline your compliance and recruiting efforts.