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Federal contractors with 50 or more employees must comply with the Federal Government's Affirmative Action Program for contracts valued at what minimum amount?

  1. $20,000.

  2. $75,000.

  3. $50,000.

  4. $250,000.

The correct answer is: $50,000.

Federal contractors with 50 or more employees are required to comply with the Federal Government's Affirmative Action Program when they engage in contracts that are valued at $50,000 or more. This requirement is grounded in the regulations set forth by the Office of Federal Contract Compliance Programs (OFCCP), which establishes guidelines to promote equal employment opportunities and address discrimination in the workplace. The threshold of $50,000 is critical because it ensures that significant contracts, which have the potential for a greater impact on employment opportunities, include affirmative action measures. This compliance requirement is designed to support the federal government's initiative to create a diverse workforce and promote equal opportunity, especially in companies that are benefiting from federal contracts. By setting this monetary threshold, the government emphasizes the importance of affirmative action in larger contracts, where the influence on hiring and employment practices is expected to be more pronounced.