Doing Business With Federal Reserve System Who We

Doing Business With Federal Reserve System

Who We Are Central Bank of the United States Created in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system.

What We Do § Conducts the nation’s monetary policy § Promotes the stability of the financial system § Promotes the safety and soundness of individual financial institutions § Fosters payment and settlement system safety and efficiency § Promotes consumer protection and community development

Why Do We Do It The Public Interest To promote economic prosperity for all Americans

Federal Reserve System Structure Federal Reserve System Centralized Decentralized Board of Governors Washington, D. C. 12 Regional Reserve Banks

Federal Reserve System Structure Board of Governors Reserve Banks § Independent Federal Government Agency § 12 Federal Reserve Banks § Provides leadership for Federal Reserve System § 12 Procurement offices § 1 Procurement office located in Washington, D. C. § Not subject to the Federal Acquisition Regulations (FAR) § Not Federal Government Agencies § National Procurement Office (NPO)and National Information Technology (FRIT) offices are located in the Federal Reserve Bank of Richmond (Virginia) § Not subject to FAR

Federal Reserve System 12 District Banks/Headquarters Locations Minneapolis Boston New York Chicago San Francisco Philadelphia Cleveland Board of Governors Washington, D. C. Kansas City St. Louis Richmond Atlanta Dallas

OMWI Offices of Minority and Women Inclusion § Established OMWI Program January 2011 as requirement of Dodd- Frank Wall Street Reform and Consumer Protection Act § Known as Dodd-Frank Section 342 § Increase participation of minority and women-owned firms in procurement activity and supplier contracts § Assess diversity policies/practices of regulated entities § Annual 342 Report to Congress

What Do We Buy? Equipment Facilities Professional Services Other Services § Copiers § Automobiles § Architectural § Armored Carriers § Computers Hardware § Building Supplies § IT Consulting § § General Construction § H R Consulting Audiovisual Services § Housekeeping § Software § Equipment Maintenance § Engineering Services § Training § Temporary Staffing § Furniture Installation § Trash Removal § Oracle Licenses § Computer software § Networking Equipment § Server Maintenance

What Do We Look For In A Vendor? • • • Top Attributes Integrity and Honest Past Performance Key Personnel Financial Viability Cost Effectiveness Vendors Registered In Our Database

How To Do Business With The Federal Reserve System Visit the Federal Reserve System Procurement Website System Website Procurement www. federalreserveprocurement. org

How To Do Business With The Board Visit the Federal Reserve Board Procurement Website System Procurement ebsite www. federalreserve. gov/aboutthefed/procurement/about. htm

Federal Reserve Board Contact Marleitha G. Williams Supplier Diversity Program Specialist marleitha. g. williams@frb. gov 202 -785 -6046