suposedly the sepc for ATX was mentioing 4 seconds. But today's laptops take way longer.
000b - 4 seconds
001b - 6 seconds
010b - 8 seconds
011b - 10 seconds
100b - 12 seconds
101b - 14 seconds
Others - Reserved
This bit is reset by DSW_PWROK de-assertion. (edited formatting)