Is EO 13496 applicable to construction contracts, as well as to supply and service contracts?
Yes. The Order is applicable to non-exempt, covered construction contracts, as well as to supply and service contracts. The Order’s requirements are the same for all contractors with covered contracts. However, the Order is not applicable to Federally assisted construction contracts. Is EO 13496 applicable to a bank or other financial institution if it obtains Federal deposit insurance, acts as an issuing and paying agent for U.S. saving bonds and notes, or is a Federal fund depository? A bank or other financial institution is a covered contractor if it has an arrangement that meets the definition of a “government contract.” In general, OFCCP interprets “government contract” under Executive Order 13496 as it has under Executive Order 11246. Thus, a bank or other financial institution that obtains Federal deposit insurance, acts as an issuing and paying agent for U.S. savings bonds and notes, or is a Federal fund depository is a government contractor for purposes of both EO 11246 and EO
