A diverse supplier base—large and small businesses and minority- and women-owned small businesses—supports the Federal Reserve Bank of Richmond’s diversity, procurement and corporate objectives.  By seeking small businesses and minority- and women-owned small businesses in its procurements, the Bank ensures the widest possible range of offers.  Supporting diverse suppliers promotes economic opportunities and contributes to the local economy.

Policy of Nondiscrimination in Contracting

The Federal Reserve Bank of Richmond does not discriminate on the basis of race, color, national origin, religion, gender, sexual orientation, age or disability in its contracting and procurement activities.

Small Business Program

The Bank's Small Business Program promotes the acquisition of goods and services from small businesses. A small business is one that qualifies as a small business concern under the Small Business Act and regulations. Suppliers seeking to do business with the Bank should indicate their status as a small business or a minority- or women-owned small business when using the self-registration tool. Falsifying small business status may be grounds for rescission of an award or removal from the Bank’s supplier database. If you have any questions about your firm’s status, please contact your local Small Business Administration office.

Outreach

As part of the Bank's commitment to supplier diversity, the Bank participates in supplier fairs, national or local chapters of supplier organizations, and small business and minority-and women-owned small business conferences. The Bank is committed to creating awareness within the community about its procurements and processes.