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View ICR - OIRA Conclusion

OMB Control No: 3235-0725	ICR Reference No: 202410-3235-007
Status: Active	Previous ICR Reference No: 202109-3235-013
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
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/23/2024
	Date Received in OIRA: 10/21/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2027	36 Months From Approved	02/28/2025
Responses	50	0	196
Time Burden (Hours)	50	0	853
Cost Burden (Dollars)	2,250	0	45,919

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	50	196	-146
Annual Time Burden (Hours)	50	853	-803
Annual Cost Burden (Dollars)	2,250	45,919	-43,669

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: This change in eligibility criteria eliminated any new recordkeeping burden since contractors with 50 or more employees are generally subject to the recordkeeping and reporting requirements under the regulations implementing Title VII of the Civil Rights Act and Executive Order 11246. The estimated annualized cost to contractors associated with the recordkeeping and reporting burden resulting from this collection of information is based on Bureau of Labor Statistics data in the publication “Employer Costs for Employee Compensation” (March 2024), which lists total compensation for management, professional, and related occupations as $73 per hour and administrative support as $35 per hour. We estimate that 25 percent of the burden hours for retrieving and submitting documentation to the OMWI Director would be professional, management, and related occupations and 75 percent would be administrative support.

Annual Cost to Federal Government: $44,100

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

Agency Contact: Shirley Sohrn 205 551-4271 sohrnsh@sec.gov

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