The Office of Federal Contract Compliance Programs announced an increase in the jurisdictional thresholds for Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act, the Labor Department said Wednesday.
Effective Oct. 1, the basic coverage threshold for Section 503 increased from $15,000 to $20,000, while the VEVRAA threshold rose from $150,000 to $200,000. These increases resulted from an inflationary adjustment statute authorizing the Federal Acquisition Regulatory Council to review and adjust “acquisition-related” threshold amounts in statutes applying to federal procurement.
Under the new thresholds, the Affirmative Action Program requirements for VEVRAA now apply to covered ...
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