Overview
BGE's Supplier Diversity Program has always been focused on opportunities for minority suppliers who provide a wide array of utility products and services. In fact, there are more than 65 categories where vendors and specifically diverse vendors may be used to provide the goods and services needed to run the company. In 2008, BGE spent more than $66 million doing business with diverse suppliers. Internally, the business units within BGE are aware of the importance of supplier diversity when making their decisions.

The original Memorandum of Understanding was signed in the early 1990s. This established a voluntary procedure for BGE to develop plans and implement activities that provide Minority Business Enterprises with full opportunity to compete for the procurement contracts for products and services. BGE has continuously increased the percentage of supplier diversity spend.

Diverse Spend Goal
BGE's contract awards are based on the competitiveness of supplier proposals. However, we strive for the ultimate goal of 25% total spend to be achieved through both direct and 2nd tier diverse spend. This goal demonstrates BGE's commitment and focus on supplier diversity.

Bid/Award Process
Qualified firms invited to bid on specific contracts are sent a Request for Proposal (RFP). Some RFPs require the bidder to attend pre-bid meetings to review procedures and specifications. Bidders are strongly encouraged, and sometimes required, to attend these meetings and submit proposals by the due date in order to be considered for a contract. On occasion, purchase orders are used to test and evaluate the product and services of new and promising firms, and can often lead to larger bidding opportunities.

Bids and proposals that meet specified requirements are thoroughly evaluated, and awards are made to the firms offering the best value to BGE.