(a) This part applies to each recipient of Federal financial
assistance from the Department of Labor, and every program or activity
that receives or benefits from such assistance, but is limited to the
particular program for which Federal financial assistance is provided.
(b) A government contractor covered by the provisions of section 503
of the Act shall be deemed in compliance with the employment provisions
of these regulations if it is in compliance with 41 CFR part 60-741 (as
amended after publication of these regulations) with respect to Federal
financial assistance from the Department of Labor.