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Office of Minority and Women Inclusion (OMWI)
Lee Bowman, Associate [email protected] 202-445-2043
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Section 1116 of the Housing and Economic Recovery Act of 2008
Establish an Office of Minority and Women Inclusion to promote diversity in all activities at every level of the organization, including employment, management, and contracting.
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Section #342
Establish an OMWI to be responsible for all matters regarding diversity in the agency’s employment, management, and business activities, including developing standards for assessing the diversity policies and practices of its regulated entities.
OMWI Program Overview
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Employment OutreachContractingDeveloping Standards for the FHFA’s 15 Regulated
Entities Fannie Mae Freddie Mac 12 FHLBs Office of Finance
Assessing Compliance Against Those Standards
Program Responsibility
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FHFA’s policy: Encourage use of the following businesses in procurement and contracting opportunities.
Minority-owned and women-owned businesses (MWOB), Businesses owned and operated by service-disabled veterans, and
individuals with disabilities, and Small disadvantaged businesses (SDB) concern in outreach efforts
to achieve the goals.
The Outreach Program will identify qualified MWOB and SDB firms that are interested in providing goods and services used by the FHFA
FHFA Policy-Procurement of Goods and Services
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Serving as Internal Advocates◦Review Statements of Work◦Refer firms to the Office of Contracts for consideration◦Participate on Technical Evaluation Panels◦Participate on Debriefings
Outreach and Technical Assistance◦Develop OMWI data base for bus opportunity solicitations◦Exhibit at trade associations’ annual conventions nationwide◦Provide minority business information and referral to
regulated entities. ◦Provide training, match making, capacity building
assistance to regulated entities.
What the Agency is Doing: Contracting
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Developing standards for minority and women inclusion in business activities of the regulated entities.
Assessing the entities performance against these standards◦ Preliminary reports will be submitted to FHFA◦Currently developing exam process and procedures
What the Agency is Doing:
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Contracts Statistics for FY 2010
Minority/Women Contracts Total Minority $: $1,899,788.16Total Minority Owned Businesses: 59 Total Women $: $3,180,112.60Total Women Owned Businesses: 42
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Contracts◦ Total of Contracts for FY 2010: 657◦ Total $ Value: $42,764,068.02◦ Number of Contracts over $100,000: 65
Companies between $50K-$100K◦ Total # of Companies Over $50,000 = 30◦ Total # of Minority Owned Companies = 4◦ Total # of Women Owned Companies = 1
Companies between $100K- $150K◦ Total # of Companies Over $100,000 = 21◦ Total # of Minority Owned Companies = 2◦ Total # of Women Owned Companies = 1
Companies over $150K◦ Total # of Companies Over $150,000 = 44 ◦ Total # of Minority Owned Companies = 5◦ Total # of Women Owned Companies = 4
FHFA Contracts Statistics, Cont.
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FHFA’s contracting program deals daily with the diverse needs and specialized requirements of both our mission divisions and partnering offices.
We are responsible for procuring all goods and services, including information technology systems, required by FHFA, and that means we need a lot of good businesses to help us meet all those needs.
It is especially important to understand how FHFA contracting works, because FHFA is structured differently than many other federal agencies.
Most purchased goods and services: software, including modeling software; hardware; supplies; various services; etc.
FHFA’s Contracting Program
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FHFA’s funding is non-appropriated. ◦ not subject to the Federal Acquisition Regulations (known as FAR).
FHFA has its own contracting policies and procedures.
FHFA’ s policies and procedures blend the best of FAR and private sector best practices
Allows more flexibility in meeting the agency’s mission.
Why Contract with FHFA?
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Fixed-price contracts Level of effort contracts; time and materials or labor hours Basic ordering agreements or blanket purchase agreements; ◦ repeat requirements, and ◦ to establish a mechanism to acquire goods or services at a later date or ◦ on an ongoing basis.
Types of Contracts Awarded
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Technology Data Security Market Analysis/Financial Analytics Secure Facilities Economic Modeling/Software Development Training- Leadership/Management/EEO Office Supplies/Printing Building Maintenance
Contract Areas
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Registering Your Business Is the First and Most critical step
To be included for consideration on solicitation distribution mailing lists for contracts in your business area, you should register in the following places:
1. Central Contractor Registration (CCR) System—www.ccr.govGenerally, FHFA only awards contracts to businesses registered in CCR.
2. Federal Business Opportunities (also called FedBizOpps)—www.fbo.gov
3. FHFA Procurement Opportunities E-Mail—[email protected] an e-mail directly to FHFA describing what goods or services your business could provide to meet FHFA’s needs.
For more information visit:www.fhfa.gov Click on About FHFAhttp://www.fhfa.gov/webfiles/21132/FHFA%20Contracting%20booklet.pdf
What to do if you want to do business with FHFA?
