Fair Inclusion Requirements
Section 342(c)(2) of the Dodd-Frank Act, requires that contracting procedures for review and evaluation of contract proposals and for hiring service providers include, a written statement, that a contractor ensure, to the maximum extent possible, the fair inclusion of minorities and women in the workforce of the contractor and, as applicable, subcontractors.
FDIC contract terms and conditions include a "Certification Regarding Fair Inclusion of Minorities and Women" (Provision 7.3.2-53) and 7.3.2-52 Equal Opportunity Certification in proposals for all solicitations for awards with valued over $100,000, except Task Orders issued under FDIC Basic Ordering Agreements (BOAs), Receivership Basic Ordering Agreements (RBOA), and Blanket Purchase Agreements (BPAs). The final executed contract must contain the "Fair Inclusion of Minorities and Women" clause (7.6.4-4). The fair inclusion requirements apply to all FDIC awards over $100,000 including contracts, BOAs, RBOAs, BPAs, and Simplified Procurements.