81 FR 81766 - Proposed Collection; Comment Request

FEDERAL HOUSING FINANCE AGENCY

Federal Register Volume 81, Issue 223 (November 18, 2016)

Page Range		81766-81768
FR Document		2016-27821
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning a new information collection known as ``Contractor Workforce Inclusion Good Faith Efforts.'' This information collection has not yet been assigned a control number by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year control number.
Federal Register, Volume 81 Issue 223 (Friday, November 18, 2016)
[Federal Register Volume 81, Number 223 (Friday, November 18, 2016)]
[Notices]
[Pages 81766-81768]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27821]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2016-N-11]


Proposed Collection; Comment Request

AGENCY: Federal Housing Finance Agency.

ACTION: 60-day notice of submission of information collection for 
approval from Office of Management and Budget.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the 
Agency) is seeking public comments concerning a new information 
collection known as ``Contractor Workforce Inclusion Good Faith 
Efforts.'' This information collection has not yet been assigned a 
control number by the Office of Management and Budget (OMB). FHFA 
intends to submit the information collection to OMB for review and 
approval of a three-year control number.

DATES: Interested persons may submit comments on or before January 17, 
2017.

ADDRESSES: Submit comments to FHFA, identified by ``Proposed 
Collection; Comment Request: `Contractor Workforce Inclusion Good Faith 
Efforts, (No. 2016-N-11)' '' by any of the following methods:
     Agency Web site: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by the agency.
     Mail/Hand Delivery: Federal Housing Finance Agency, Eighth 
Floor, 400 Seventh Street SW., Washington, DC 20219, ATTENTION: 
Proposed Collection; Comment Request: ``Contractor Workforce Inclusion 
Good Faith Efforts, (No. 2016-N-11)''.
    We will post all public comments we receive without change, 
including any personal information you provide, such as your name and 
address, email address, and telephone number, on the FHFA Web site at 
http://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public on business days between the 
hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, 
Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. To make an 
appointment to inspect comments, please call the Office of General 
Counsel at (202) 649-3804.

FOR FURTHER INFORMATION CONTACT: Eric Howard, Diversity and Inclusion 
Principal Advisor, Office of Minority and Women Inclusion, 
[email protected], (202) 649-3009; Karen Lambert, Associate General 
Counsel, [email protected], (202) 649-3094; or Eric Raudenbush, 
Associate General Counsel, [email protected], (202) 649-3084 
(these are not toll-free numbers); Federal Housing Finance Agency, 400 
Seventh Street SW., Washington, DC 20219. The Telecommunications Device 
for the Hearing Impaired is (800) 877-8339.

SUPPLEMENTARY INFORMATION:

A. Need for and Use of the Information Collection

    Section 342(a)(1)(A) of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act of 2010 (the Dodd-Frank Act) requires FHFA and 
certain other Federal agencies each to establish an Office of Minority 
and Women Inclusion (OMWI) responsible for all matters of the agency 
relating to diversity in management, employment, and business 
activities.\1\ Section 342(c)(1) requires the OMWI Director at each 
agency to develop and implement standards and procedures to ensure, to 
the maximum extent possible, the fair inclusion and utilization of 
minorities, women, and minority- and women-owned businesses in all 
business and activities of the agency at all levels, including 
procurement, insurance, and all types of contracts. Section 342(c)(2) 
requires that the OMWI Director include in the agency's procedures for 
evaluating contract proposals and hiring service providers a component 
that gives consideration to the diversity of an applicant, to the 
extent consistent with applicable laws. That statutory provision also 
requires that each agency's procedures include a written statement that 
a contractor shall ensure, to the maximum extent possible, the fair 
inclusion of women and minorities in the workforce of the contractor 
and, as applicable, subcontractors.
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    \1\ 12 U.S.C. 5452.
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    Further, section 342(c)(3)(A) of the Dodd-Frank Act requires that 
each agency's standards and procedures include a procedure for 
determining whether an agency contractor or subcontractor has failed to 
make a good faith effort to include minorities and women in its 
workforce. If the OMWI Director determines that a contractor or 
subcontractor has failed to make such a good faith effort, section 
342(c)(3)(B)(i) provides that the OMWI Director shall recommend to the 
agency administrator that the contract be terminated. Section 
342(c)(3)(B)(ii) provides that, upon receipt of such a recommendation, 
the agency administrator may either terminate the contract, make a 
referral to the Office of Federal Contract Compliance Programs (OFCCP) 
of the

[[Page 81767]]

Department of Labor, or take other appropriate action.
    As a means of implementing the requirements of section 342(c) of 
the Dodd-Frank Act, FHFA developed a Minority and Women Inclusion 
Clause (MWI Clause) that it now includes in all Agency contracts with a 
dollar value greater than the ``simplified acquisition threshold'' 
(currently, $150,000) established in the Federal Acquisition Regulation 
(FAR).\2\ The MWI Clause requires a contractor to confirm its 
commitment to equal opportunity in employment and contracting, and to 
implement that commitment by ensuring, to the maximum extent possible 
consistent with applicable law, the fair inclusion of minorities and 
women in its workforce. The MWI Clause also requires that a contractor 
include the substance of the MWI Clause in all subcontracts with a 
dollar value greater than $150,000 awarded under the contract. 
(Hereinafter subcontractors that are subject to the MWI Clause are 
referred to as ``covered'' subcontractors.)
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    \2\ See FAR 2.101. The FAR appears at 48 CFR chapter 1.
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    Finally, the MWI Clause requires a contractor to provide, when 
requested by FHFA, documentation demonstrating that it and any covered 
subcontractor has made a good faith effort to ensure the fair inclusion 
of minorities and women in its workforce. The MWI Clause provides that 
such documentation may include, but is not limited to: (1) The 
contractor's total number of employees, and the number of minority and 
women employees, by race, ethnicity, and gender (e.g., an EEO-1 
Employer Information Report (Form EEO-1)); (2) a list of the 
subcontracts the contractor awarded including the dollar amount, date 
of the award, and the ownership status of the subcontractor by race, 
ethnicity, and/or gender; (3) information similar to that required 
under item 1 above for each subcontractor; and (4) the contractor's 
plan to ensure that minorities and women have appropriate opportunities 
to enter and advance within its workforce, including outreach efforts 
(hereinafter, a ``workforce inclusion plan''). A request for 
documentation by FHFA pursuant to this provision of the MWI Clause 
would constitute a ``collection of information'' within the meaning of 
the PRA.
    While FHFA has included the MWI Clause in all contracts with a 
dollar value greater than $150,000 consummated since November 7, 2013, 
the Agency has not, to this point, asked any contractor or covered 
subcontractor to provide documentation pursuant to the clause. FHFA is 
now developing procedures that the OMWI Director will follow in 
determining whether its contractors and covered subcontractors have 
made good faith efforts to comply with the MWI Clause. The Agency 
expects that, once it adopts those procedures, it will begin to request 
the types of documentation described in the MWI Clause from contractors 
and covered subcontractors.
    The purpose of this information collection is to fulfill the 
requirements of section 342(c)(3)(B) of the Dodd-Frank Act. The 
collected information will allow FHFA's OMWI Director to determine 
whether contractors and covered subcontractors have complied with their 
obligations to make good faith efforts to ensure, to the maximum extent 
possible consistent with applicable law, the fair inclusion of 
minorities and women in their respective workforces.

B. Burden Estimate

    FHFA estimates that the average annual burden imposed on all 
respondents by this information collection over the next three years 
will be 368 hours. All of the assumptions and calculations underlying 
the total burden estimate are described in detail below.
    Because, as explained below, the amount of burden imposed upon a 
contractor by this information collection will differ depending upon 
whether the contractor has 50 or more employees, FHFA has based its 
total burden estimate on two separate sets of calculations--(I) one for 
contractors with 50 or more employees; and (II) another for contractors 
with fewer than 50 employees.
    FHFA includes the MWI Clause in Agency contracts with a dollar 
value greater than $150,000. Under the MWI Clause, the FHFA may also 
request information about covered subcontractors' ownership status, 
workforce demographics, and workforce inclusion plans. Contractors 
would request this information from their covered subcontractors, who, 
because the substance of the MWI Clause would be included in their 
subcontracts, would have an obligation to keep records and report data 
as required under the MWI Clause.
    FHFA data on the dollar value of contracts awarded by the Agency 
from the beginning of fiscal year 2013 through the third quarter of 
fiscal year 2016 shows that 63 contractors were subject to the MWI 
Clause. FHFA believes that 44 of those contractors have 50 or more 
employees, while 19 contractors have fewer than 50 employees. FHFA 
estimates that no more than two subcontracts with a dollar value of 
$150,000 or more were awarded by Agency contractors during that same 
time period. Both of those subcontractors have 50 or more employees 
each. Thus, over the preceding three years, a total of 65 contractors 
and subcontractors were subject to the MWI Clause--46 of which have 50 
or more employees and 19 of which have fewer than 50 employees.
    Based on these figures, FHFA estimates that, on average over the 
next three years, 48 contractors and subcontractors with 50 or more 
employees and 20 contractors or subcontractors with fewer than 50 
employees will be subject to the MWI Clause at any given time. For 
purposes of these burden estimates, FHFA has assumed that each 
contractor or subcontractor will provide documentation under the MWI 
Clause once per year, although it is unlikely that the Agency will 
actually request documentation from every contractor in every year. (In 
the interest of brevity, the word ``contractor'' is intended also to 
include covered subcontractors in the explanation of the burden 
estimates that follows.)

I. Documentation Submitted by Contractors With 50 or More Employees

    FHFA estimates that the average annual burden on contractors with 
50 or more employees will be 48 hours (0 recordkeeping hours + 48 
reporting hours).
    Because Federal contractors with 50 or more employees are already 
required to maintain the same types of records that may be requested 
pursuant to the MWI Clause under regulations implementing Title VII of 
the Civil Rights Act of 1964 \3\ and Executive Order 11246 (E.O. 
11246),\4\ this information collection will not impose new 
recordkeeping burdens on such contractors. FAR 52.222-26, Equal 
Opportunity, requires that such contractors' contracts and subcontracts 
include a clause implementing E.O. 11246. OFCCP regulations require 
each contractor with 50 or more employees and a Federal contract or 
subcontract of $50,000 or more to maintain records on the race, 
ethnicity, gender, and EEO-1 job category of each employee.\5\ OFCCP 
regulations also require each such contractor to: (1) Demonstrate that 
it has made a good faith effort to remove identified barriers, expand 
employment

[[Page 81768]]

opportunities, and produce measureable results; \6\ and (2) develop and 
maintain a written program summary describing the policies, practices, 
and procedures that the contractor uses to ensure that applicants and 
employees received equal opportunities for employment and 
advancement.\7\ In lieu of creating and maintaining a separate 
workforce inclusion plan to submit in satisfaction of the MWI Clause, a 
contractor with 50 or more employees could submit the written program 
summary that it is already required to maintain under the OFCCP 
regulations to demonstrate its good faith efforts to ensure the fair 
inclusion of minorities and women in its workforce.
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    \3\ 42 U.S.C. 2000e, et seq.
    \4\ Exec. Order No. 11246, 30 FR 12319 (Sept. 28, 1965).
    \5\ See 41 CFR 60-1.7.
    \6\ See 41 CFR 60-2.17.
    \7\ See 41 CFR 60-2.31.
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    With respect to reporting burden, FHFA estimates that it will take 
each contractor approximately one hour to retrieve and submit to the 
FHFA the documentation specified in the MWI Clause. Thus, the estimate 
of the annual burden upon contractors with 50 or more employees 
associated with reporting requirements under this information 
collection is 48 hours (48 contractors x 1 hour per contractor).

II. Documentation Submitted by Contractors With Fewer Than 50 Employees

    FHFA estimates that the average annual burden on contractors with 
fewer than 50 employees will be 320 hours (300 recordkeeping hours + 20 
reporting hours).
    OFCCP regulations require contractors with fewer than 50 employees 
to maintain records on the race, ethnicity, and gender of each 
employee.\8\ FHFA believes that such contractors also keep EEO-1 job 
category information in the normal course of business, despite the fact 
that they are not required by law to do so. However, contractors with 
fewer than 50 employees may not have the type of written program 
summary that is required of larger contractors under the OFCCP 
regulations or any similar document that could be submitted as a 
workforce inclusion plan under the MWI Clause. Accordingly, such 
contractors may need to create a workforce inclusion plan to comply 
with the MWI Clause.
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    \8\ See 41 CFR 60-3.4.
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    In order to estimate the burden associated with creating a 
workforce inclusion plan, FHFA considered the OFCCP's burden estimates 
for the time needed to develop the written program summaries required 
under its regulations.\9\ In its OMB Supporting Statement, the OFCCP 
estimated that a contractor with 1 to 100 employees would take 
approximately 73 burden hours to create an initial written program 
summary. While the OFCCP regulations require contractors to perform 
time-consuming quantitative analyses when developing their written 
program summaries, such analyses would not be required in connection 
with the creation of a workforce inclusion plan. For this reason, FHFA 
believes that a contractor could develop a workforce inclusion plan in 
about one-third of the time that it would take to develop the written 
program summary required under the OFCCP regulations.
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    \9\ See PRA Supporting Statement for the OFCCP Recordkeeping and 
Requirements-Supply and Service Program, OMB Control No. 1250-0003, 
at http://www.reginfo.gov/public/do/PRAViewDocument?ref_nbr=201602-1250-001.
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    FHFA estimates that a contractor with fewer than 50 employees would 
spend approximately 25 hours creating a workforce inclusion plan for 
the first time. The Agency estimates that each contractor would then 
spend approximately 10 hours annually in updating and maintaining its 
plan. This results in an estimated average annual recordkeeping burden 
over the next three years on each contractor with fewer than 50 
employees of 15 hours [(25 + 10 + 10)/3 years]. Thus, FHFA estimates 
that the average annual recordkeeping burden on all contractors with 
fewer than 50 employees over the next three years will be 300 hours (20 
contractors x 15 hours per contractor).
    FHFA estimates that it will take each contractor approximately one 
hour to retrieve and submit to FHFA the documentation specified in the 
MWI Clause. Thus, the estimate of the annual burden upon contractors 
with fewer than 50 employees associated with reporting requirements 
under this information collection is 20 hours (20 contractors x 1 hour 
per contractor).

C. Comments Request

    FHFA requests written comments on the following: (1) Whether the 
collection of information is necessary for the proper performance of 
FHFA functions, including whether the information has practical 
utility; (2) the accuracy of FHFA's estimates of the burdens of the 
collection of information; (3) ways to enhance the quality, utility, 
and clarity of the information collected; and (4) ways to minimize the 
burden of the collection of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology.

    Dated: November 14, 2016.
Kevin Winkler,
Chief Information Officer, Federal Housing Finance Agency.
[FR Doc. 2016-27821 Filed 11-17-16; 8:45 am]
 BILLING CODE 8070-01-P
81766 Federal Register / Vol. 81, No. 223 / Friday, November 18, 2016 / Notices

Dated: November 14, 2016. ACTION: 60-day notice of submission of 3094; or Eric Raudenbush, Associate
Jenny R. Yang, information collection for approval from General Counsel, Eric.Raudenbush@
Chair. Office of Management and Budget. fhfa.gov, (202) 649–3084 (these are not
[FR Doc. 2016–27710 Filed 11–17–16; 8:45 am] toll-free numbers); Federal Housing
SUMMARY: In accordance with the Finance Agency, 400 Seventh Street
BILLING CODE 6570–01–P
requirements of the Paperwork SW., Washington, DC 20219. The
Reduction Act of 1995 (PRA), the Telecommunications Device for the
Federal Housing Finance Agency (FHFA Hearing Impaired is (800) 877–8339.
FEDERAL DEPOSIT INSURANCE or the Agency) is seeking public
SUPPLEMENTARY INFORMATION:
CORPORATION comments concerning a new
information collection known as A. Need for and Use of the Information
Notice to All Interested Parties of ‘‘Contractor Workforce Inclusion Good Collection
Intent To Terminate the Receivership Faith Efforts.’’ This information
of 10400, Sun Security Bank, Ellington, Section 342(a)(1)(A) of the Dodd-
collection has not yet been assigned a Frank Wall Street Reform and Consumer
Missouri control number by the Office of Protection Act of 2010 (the Dodd-Frank
Notice is hereby given that the Federal Management and Budget (OMB). FHFA Act) requires FHFA and certain other
Deposit Insurance Corporation (‘‘FDIC’’) intends to submit the information Federal agencies each to establish an
as Receiver for Sun Security Bank, collection to OMB for review and Office of Minority and Women
Ellington, Missouri (‘‘the Receiver’’) approval of a three-year control number. Inclusion (OMWI) responsible for all
intends to terminate its receivership for DATES: Interested persons may submit matters of the agency relating to
said institution. The FDIC was comments on or before January 17, diversity in management, employment,
appointed receiver of Sun Security Bank 2017. and business activities.1 Section
on October 7, 2011. The liquidation of ADDRESSES: Submit comments to FHFA, 342(c)(1) requires the OMWI Director at
the receivership assets has been identified by ‘‘Proposed Collection; each agency to develop and implement
completed. To the extent permitted by Comment Request: ‘Contractor standards and procedures to ensure, to
available funds and in accordance with Workforce Inclusion Good Faith Efforts, the maximum extent possible, the fair
law, the Receiver will be making a final (No. 2016–N–11)’ ’’ by any of the inclusion and utilization of minorities,
dividend payment to proven creditors. following methods: women, and minority- and women-
Based upon the foregoing, the • Agency Web site: www.fhfa.gov/ owned businesses in all business and
Receiver has determined that the open-for-comment-or-input. activities of the agency at all levels,
continued existence of the receivership • Federal eRulemaking Portal: http:// including procurement, insurance, and
will serve no useful purpose. www.regulations.gov. Follow the all types of contracts. Section 342(c)(2)
Consequently, notice is given that the instructions for submitting comments. If requires that the OMWI Director include
receivership shall be terminated, to be you submit your comment to the in the agency’s procedures for
effective no sooner than thirty days after Federal eRulemaking Portal, please also evaluating contract proposals and hiring
the date of this Notice. If any person send it by email to FHFA at service providers a component that
wishes to comment concerning the RegComments@fhfa.gov to ensure gives consideration to the diversity of an
termination of the receivership, such timely receipt by the agency. applicant, to the extent consistent with
comment must be made in writing and • Mail/Hand Delivery: Federal applicable laws. That statutory
sent within thirty days of the date of Housing Finance Agency, Eighth Floor, provision also requires that each
this Notice to: Federal Deposit 400 Seventh Street SW., Washington, agency’s procedures include a written
Insurance Corporation, Division of DC 20219, ATTENTION: Proposed statement that a contractor shall ensure,
Resolutions and Receiverships, Collection; Comment Request: to the maximum extent possible, the fair
Attention: Receivership Oversight ‘‘Contractor Workforce Inclusion Good inclusion of women and minorities in
Department 34.6, 1601 Bryan Street, Faith Efforts, (No. 2016–N–11)’’. the workforce of the contractor and, as
Dallas, TX 75201. We will post all public comments we applicable, subcontractors.
No comments concerning the receive without change, including any Further, section 342(c)(3)(A) of the
termination of this receivership will be personal information you provide, such Dodd-Frank Act requires that each
considered which are not sent within as your name and address, email agency’s standards and procedures
this time frame. address, and telephone number, on the include a procedure for determining
Dated: November 15, 2016. FHFA Web site at http://www.fhfa.gov. whether an agency contractor or
Federal Deposit Insurance Corporation. In addition, copies of all comments subcontractor has failed to make a good
received will be available for faith effort to include minorities and
Valerie J. Best,
examination by the public on business women in its workforce. If the OMWI
Assistant Executive Secretary.
days between the hours of 10 a.m. and Director determines that a contractor or
[FR Doc. 2016–27760 Filed 11–17–16; 8:45 am] 3 p.m., at the Federal Housing Finance subcontractor has failed to make such a
BILLING CODE 6714–01–P Agency, Eighth Floor, 400 Seventh good faith effort, section 342(c)(3)(B)(i)
Street SW., Washington, DC 20219. To provides that the OMWI Director shall
make an appointment to inspect recommend to the agency administrator
FEDERAL HOUSING FINANCE comments, please call the Office of that the contract be terminated. Section
AGENCY General Counsel at (202) 649–3804. 342(c)(3)(B)(ii) provides that, upon
mstockstill on DSK3G9T082PROD with NOTICES

FOR FURTHER INFORMATION CONTACT: Eric receipt of such a recommendation, the
[No. 2016–N–11] Howard, Diversity and Inclusion agency administrator may either
Principal Advisor, Office of Minority terminate the contract, make a referral to
Proposed Collection; Comment
and Women Inclusion, Eric.Howard@ the Office of Federal Contract
Request
fhfa.gov, (202) 649–3009; Karen Compliance Programs (OFCCP) of the
AGENCY: Federal Housing Finance Lambert, Associate General Counsel,
Agency. Karen.Lambert@fhfa.gov, (202) 649– 1 12 U.S.C. 5452.

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81768 Federal Register / Vol. 81, No. 223 / Friday, November 18, 2016 / Notices

opportunities, and produce measureable regulations.9 In its OMB Supporting Dated: November 14, 2016.
results; 6 and (2) develop and maintain Statement, the OFCCP estimated that a Kevin Winkler,
a written program summary describing contractor with 1 to 100 employees Chief Information Officer, Federal Housing
the policies, practices, and procedures would take approximately 73 burden Finance Agency.
that the contractor uses to ensure that hours to create an initial written [FR Doc. 2016–27821 Filed 11–17–16; 8:45 am]
applicants and employees received program summary. While the OFCCP
BILLING CODE 8070–01–P
equal opportunities for employment and regulations require contractors to
advancement.7 In lieu of creating and perform time-consuming quantitative
maintaining a separate workforce analyses when developing their written
inclusion plan to submit in satisfaction program summaries, such analyses
FEDERAL RESERVE SYSTEM
of the MWI Clause, a contractor with 50 would not be required in connection
or more employees could submit the with the creation of a workforce Notice of Proposals To Engage in or
written program summary that it is inclusion plan. For this reason, FHFA To Acquire Companies Engaged in
already required to maintain under the believes that a contractor could develop Permissible Nonbanking Activities
OFCCP regulations to demonstrate its a workforce inclusion plan in about one-
good faith efforts to ensure the fair third of the time that it would take to The companies listed in this notice
inclusion of minorities and women in develop the written program summary have given notice under section 4 of the
its workforce. required under the OFCCP regulations. Bank Holding Company Act (12 U.S.C.
With respect to reporting burden, FHFA estimates that a contractor with
1843) (BHC Act) and Regulation Y, (12
FHFA estimates that it will take each fewer than 50 employees would spend
CFR part 225) to engage de novo, or to
contractor approximately one hour to approximately 25 hours creating a
acquire or control voting securities or
retrieve and submit to the FHFA the workforce inclusion plan for the first
time. The Agency estimates that each assets of a company, including the
documentation specified in the MWI companies listed below, that engages
Clause. Thus, the estimate of the annual contractor would then spend
approximately 10 hours annually in either directly or through a subsidiary or
burden upon contractors with 50 or other company, in a nonbanking activity
more employees associated with updating and maintaining its plan. This
results in an estimated average annual that is listed in § 225.28 of Regulation Y
reporting requirements under this (12 CFR 225.28) or that the Board has
information collection is 48 hours (48 recordkeeping burden over the next
three years on each contractor with determined by Order to be closely
contractors × 1 hour per contractor).
fewer than 50 employees of 15 hours related to banking and permissible for
II. Documentation Submitted by [(25 + 10 + 10)/3 years]. Thus, FHFA bank holding companies. Unless
Contractors With Fewer Than 50 estimates that the average annual otherwise noted, these activities will be
Employees recordkeeping burden on all contractors conducted throughout the United States.
with fewer than 50 employees over the Each notice is available for inspection
FHFA estimates that the average next three years will be 300 hours (20
annual burden on contractors with at the Federal Reserve Bank indicated.
contractors × 15 hours per contractor). The notice also will be available for
fewer than 50 employees will be 320 FHFA estimates that it will take each
hours (300 recordkeeping hours + 20 inspection at the offices of the Board of
contractor approximately one hour to
reporting hours). Governors. Interested persons may
retrieve and submit to FHFA the
express their views in writing on the
OFCCP regulations require contractors documentation specified in the MWI
with fewer than 50 employees to question whether the proposal complies
Clause. Thus, the estimate of the annual
maintain records on the race, ethnicity, burden upon contractors with fewer with the standards of section 4 of the
and gender of each employee.8 FHFA than 50 employees associated with BHC Act.
believes that such contractors also keep reporting requirements under this Unless otherwise noted, comments
EEO–1 job category information in the information collection is 20 hours (20 regarding the applications must be
normal course of business, despite the contractors × 1 hour per contractor). received at the Reserve Bank indicated
fact that they are not required by law to or the offices of the Board of Governors
C. Comments Request
do so. However, contractors with fewer not later than December 13, 2016.
than 50 employees may not have the FHFA requests written comments on
A. Federal Reserve Bank of Chicago
type of written program summary that is the following: (1) Whether the collection
of information is necessary for the (Colette A. Fried, Assistant Vice
required of larger contractors under the
proper performance of FHFA functions, President) 230 South LaSalle Street,
OFCCP regulations or any similar
document that could be submitted as a including whether the information has Chicago, Illinois 60690–1414:
workforce inclusion plan under the practical utility; (2) the accuracy of 1. West Town Bancorp, Raleigh, North
MWI Clause. Accordingly, such FHFA’s estimates of the burdens of the Carolina; to acquire 43.5 percent of
contractors may need to create a collection of information; (3) ways to Windsor Advantage, LLC, Indianapolis,
workforce inclusion plan to comply enhance the quality, utility, and clarity Indiana and thereby indirectly engage
with the MWI Clause. of the information collected; and (4) de novo in extending credit and
In order to estimate the burden ways to minimize the burden of the servicing loans pursuant to section
associated with creating a workforce collection of information on 225.28 (b)(1) of Regulation Y.
respondents, including through the use
mstockstill on DSK3G9T082PROD with NOTICES

inclusion plan, FHFA considered the Board of Governors of the Federal Reserve
OFCCP’s burden estimates for the time of automated collection techniques or
System, November 15, 2016.
needed to develop the written program other forms of information technology.
Yao-Chin Chao,
summaries required under its
9 See PRA Supporting Statement for the OFCCP Assistant Secretary of the Board.
Recordkeeping and Requirements-Supply and [FR Doc. 2016–27831 Filed 11–17–16; 8:45 am]
6 See 41 CFR 60–2.17. Service Program, OMB Control No. 1250–0003, at
7 See 41 CFR 60–2.31. BILLING CODE 6210–01–P
http://www.reginfo.gov/public/do/PRAView
8 See 41 CFR 60–3.4. Document?ref_nbr=201602-1250-001.

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Document Created: 2018-02-14 08:31:44
Document Modified: 2018-02-14 08:31:44
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		60-day notice of submission of information collection for approval from Office of Management and Budget.
Dates		Interested persons may submit comments on or before January 17, 2017.
Contact		Eric Howard, Diversity and Inclusion Principal Advisor, Office of Minority and Women Inclusion, [email protected], (202) 649-3009; Karen Lambert, Associate General Counsel, [email protected], (202) 649-3094; or Eric Raudenbush, Associate General Counsel, [email protected], (202) 649-3084 (these are not toll-free numbers); Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20219. The Telecommunications Device for the Hearing Impaired is (800) 877-8339.
FR Citation		81 FR 81766