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Contractors Can Trade Enterprise-Wide Data for Audit Stay (1)

Feb. 13, 2019, 9:27 PMUpdated: Feb. 13, 2019, 10:21 PM

Companies that work with the federal government can agree to voluntarily submit “enterprise-wide” compliance data to the Labor Department in exchange for a stay on random audits, as long as the terms of the agreement are met, according to a Feb. 13 Office of Federal Contract Compliance Programs directive.

The directive, referred to as the “Voluntary Enterprise-wide Review Program,” will be open to contractors by the beginning of fiscal year 2020.

The agency didn’t respond to a request for a comment.

The agency already has a similar program focused on individual contractor locations, providing an incentive of suspended audits ...