UofL Procurement releases new policy to support Minority- and Women-Owned Businesses
From Contract Administration and Procurement Services (CAPS):
Effective July 1, 2021
Diversity, equity and inclusion is of the utmost importance to the university and Procurement Services. With that in mind, we have made a revision to our 3 Quote Process that will provide opportunities for Minority and Women Owned Business Enterprises (MWBE’s) to partner with the University of Louisville.
This process sets the expectation that departments are required to obtain at least three quotes on purchases that total between $20,000 and $39,999.
The revised process will now require departments to obtain at least one of these quotes from a Minority Owned Business Enterprise (MBE) or Women Owned Business Enterprise (WBE).
Should you have any questions or need any additional assistance, please contact the Procurement Services team at email@example.com.
We look forward to launching other initiatives in the future to support supplier diversity and inclusion throughout the Commonwealth of Kentucky.