Who must develop affirmative action programs?

Each non-construction contractor must develop and maintain a written affirmative action program for each of its establishments if it has 50 or more employees and:

• Has a contract of $50,000 or more; or
• Has Government bills of lading which in any 12-month period, total or can reasonably be expected to total $50,000 or more; or
• Serves as a depository of Government funds in any amount; or
• Is a financial institution which is an issuing and paying agent for U.S. savings bonds and savings notes in any amount.