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\"i)O03313UNIVERSITYWIDE MWBE/SDVOB PROGRAM UTILIZATION PLAN22/2301 lMC SUNY Project No. Ultimate Power Inc. Contractor: 45 Nancy Street Address: Phone Number: 6314911300 GOALS:August 24, 2022 Bid
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Supplier diversity MWBEs (Minority and Women-Owned Business Enterprises) and DVOBs (Disabled Veteran-Owned Businesses) are programs aimed at increasing the participation of diverse suppliers in procurement processes.
Organizations that receive state funding or are awarded state contracts are typically required to file supplier diversity reports, including those related to MWBEs and DVOBs.
To fill out the supplier diversity MWBEs/DVOBs form, organizations must provide detailed information regarding their sourcing practices, the diversity status of the suppliers used, and any related expenditures.
The purpose of supplier diversity MWBEs/DVOBs is to promote equal opportunity in procurement, enhance economic growth within diverse communities, and support the sustainability of minority- and women-owned businesses.
Organizations must report information including the names of MWBEs and DVOBs utilized, the nature of the services or products provided, the dollar amounts spent, and the percentage of overall spending that is attributed to these diverse suppliers.
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