OMWI Contract Standard for Contractor Workforce Inclusion

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
3235-0725 30 Day Notice.pdf	Supplementary Document	Uploaded 2021-09-23	Missing upstream
3235-0725 60 Day Notice.pdf	Supplementary Document	Uploaded 2021-09-23	Repair queued
OMWI Contract Standard Extension PRA Supporting Statement FV.docx	Supporting Statement A	Uploaded 2021-09-23	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
216310	Updating and Maintaining Workforce Inclusion Plan (after first year)		Modified
216307	Annual Reporting--Retrieving and Submitting Documentation of Good Faith Efforts to OMWI Director		Modified
216288	Initial Workforce Inclusion Plan One-time Implementation Recordkeeping Burden		Modified

ICR Details

OMB Control No: 3235-0725	ICR Reference No: 202109-3235-013
Status: Received in OIRA	Previous ICR Reference No: 201805-3235-004
Agency/Subagency: SEC	Agency Tracking No: OMWI-270-666
Title: OMWI Contract Standard for Contractor Workforce Inclusion
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 09/23/2021

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved	11/30/2021
Responses	196	200
Time Burden (Hours)	853	850
Cost Burden (Dollars)	45,919	0

---

Abstract: The information collection will be used to satisfy the requirements of Section 343(c)(3)(A) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, 12 U.S.C. 5452, which requires the Director of the Office of Minority and Women Inclusion (OMWI) at the Securities and Exchange Commission (Commission) to determine whether a contractor or subcontractor has made good faith efforts to include minorities and women in its workforce. The Contract Standard on Contractor Workforce Inclusion provides that the contractor shall furnish, upon request from the OMWI Director, documentation of the actions undertaken (and as applicable documentation of the actions its covered subcontractors have undertaken) that demonstrate its good faith efforts to ensure the fair inclusion of minorities and women in its workforce. The respondents are Commission contractors and subcontractors that have contracts and subcontracts for services valued at $100,000 or more.

---

Authorizing Statute(s): US Code: 12 USC 5452 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
  

Citations for New Statutory Requirements: US Code: 12 USC 5452 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 36167	07/08/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 51949	09/17/2021
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 3

table that charts list of burden

IC Title	Form No.	Form Name
Annual Reporting--Retrieving and Submitting Documentation of Good Faith Efforts to OMWI Director
Initial Workforce Inclusion Plan One-time Implementation Recordkeeping Burden
Updating and Maintaining Workforce Inclusion Plan (after first year)

---

ICR Summary of Burden

table that charts list of burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	196	200	0	-4	0	0
Annual Time Burden (Hours)	853	850	0	3	0	0
Annual Cost Burden (Dollars)	45,919	0	0	45,919	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The changes in the estimated annual burden hours from 925 to 853 are due to a decrease in the estimated number of contractors that would be subject to recordkeeping burden as a result of this collection of information, from 75 contractors to 73 contractors. In addition, the changes reflect a decrease in the burden hours associated with retrieving and submitting documentation of good faith efforts from 100 to 50.

---

Annual Cost to Federal Government: $39,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 09/23/2021

---