Contractor Good Faith Effort
Section 342(c)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act), 12 U.S.C. 5452(c)(2), requires contractors to submit a written statement about how the contractor ensures the “to the maximum extent possible, the fair inclusion of women and minorities in the workforce of the contractor, and as applicable, subcontractors.” Section 342(c)(3) of the Act, 12 U.S.C. 5452(c)(3), requires the CFPB to make a determination about a contractor’s “good faith effort to include women and minorities in their workforce.”
Contractor Obligations:
Contractor –The Contractor confirms its commitment to equal opportunity in employment and contracting. To implement this commitment, the Contractor shall ensure, to the maximum extent possible consistent with applicable law, the fair inclusion of minorities and women in its workforce.
Subcontractors – The Contractor shall insert the substance of this clause (II.a. & II.b.) in all subcontracts under this contract.
Documentation– Due upon award, or such longer time as OMWI and the Contracting Officer may determine, the Contractor shall provide documentation, satisfactory to the Bureau, at no additional cost to the Government, summarizing the actions it (and, as applicable, its subcontractors) has undertaken reflecting its Good Faith Effort to comply with the aforementioned provisions.
Submit your Contractor Profile
The Contractor will submit documentation either electronically below or via email to the Contracting Officer and copy OMWI_GFE@cfpb.gov.
Download instructions for preparing and sending your Contractor Diversity Profile