Dive summary:
- As the Obama administration appears to be getting closer to issuing rules for record-keeping on efforts to hire veterans and disabled workers in companies that contract with the federal government, the construction industry is pressing its argument that the rules and their paperwork are a solution in search of a problem to solve.
- A new study that Associated General Contractors submitted to the Office of Management and Budget last week shows that veterans' unemployment rate last year was lower than nonveterans' rate, that a higher percentage of veterans than of nonveterans work in construction and that disabled workers are as likely as other workers to be hired in construction companies.
- OMB's review of the new rules from the office that governs federal contract compliance is the last stage before they can take effect, and AGC has asked that the case be reopened before that happens.
From the article:
AGC formally asked the administration to reopen the record on both of these proposed rules and determine whether there is sufficient justification for imposing an estimated $6 billion in new annual regulatory compliance costs on the federal contracting community. ...