Annual Report From Federal Contractors

The Veterans' Employment and Training Service is publishing a new set of regulations, and adopting a new Federal Contractor Veterans' Employment Report VETS-100A ("VETS-100A Report") form, to implement the requirement under the Vietnam Era Veterans' Readjustment Assistance Act of 1974 ("VEVRAA") that Government contractors track and annually report the number of employees in their workforces who are veterans covered under the law. The final regulations published today implement amendments to the reporting requirements under VEVRAA that were made by the Jobs for Veterans Act ("JVA") in 2002. The JVA amendments: Raised the dollar amount of the Government contracts that trigger a contractor's obligation to report on veterans' employment; and changed the categories of veterans that contractors are to track and report. The final regulations published today apply only to covered Government contracts entered into or modified on or after December 1, 2003. The existing regulations in 41 CFR part 61-250, which require contractors to use the Federal Contractor Veterans' Employment Report VETS-100 ("VETS-100 Report") form to provide the information on the covered veterans in their workforces, will continue to apply to Government contracts entered into before December 1, 2003.