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Supplier Diversity


The Federal Reserve Bank of Richmond is committed to strengthening the economy and improving our communities, and supplier diversity plays a critical role in how we do that. We provide access and opportunity to diverse suppliers to participate in procurement and contracting processes throughout the Bank’s supply chain.


At the Federal Reserve Bank of Richmond, we believe three things about supplier diversity: It’s about access and opportunity, it brings value to the Bank and our communities and it’s everybody’s job.

What Is a Diverse Supplier?

The Bank promotes the inclusion of a diverse pool of suppliers, including, but not limited to, small, minority-owned and women-owned businesses, in its procurement and contracting opportunities.

Certifying & Resource Organizations

We collaborate with organizations that share our commitment to diverse supplier development, help us build inclusive procurement practices and provide various business development resources to diverse suppliers.

External Outreach

Outreach to external supplier diversity organizations is a key part of our supplier diversity development strategy.


Read more about our commitment to supplier diversity development and how we strive to include diverse suppliers in our procurement practices.

Additional Resources

How to Become a Supplier

  1. Review our list of products and services that the Bank typically procures.
  2. If the types of goods or services your company provides are a fit for the Richmond Fed, you can create a profile on the Ariba Discovery network using the registration instructions below.
  3. Our Procurement team will utilize profiles on the Ariba Discovery Network to invite prospective suppliers to submit quotes or proposals in response to opportunities.

Registration Information

The Richmond Fed uses Ariba as our standard Procurement sourcing and contract management application. You can create a profile on the Ariba Discovery Network for free.

If you have questions about establishing your company profile, Ariba support can help, or if you have questions about our overall program, please contact us at Procurement Services.

Visit the Supplier Diversity page to learn more about the Richmond Fed's Supplier Diversity and Small Business Programs.

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