Supporting diverse businesses
Bank of America’s formalized Supplier Diversity & Development program began in 1990 to accomplish two main objectives:
- Ensure that diverse businesses are afforded maximum opportunity to participate in our competitive contracting and procurement processes.
- Increase the amount of quality products and services we obtain directly from diverse businesses, which includes small and medium sized businesses with annual revenue less than $50 million.
Diverse Businesses include:
- Disabled person-owned businesses
- HUBZone small businesses
- Minority-owned businesses
- Small disadvantaged businesses
- Small to medium sized businesses
- Veteran-owned small businesses including Disabled veteran-owned small businesses and Service-disabled veteran-owned small businesses
- Women-owned businesses
- Women-owned small businesses
Helping diverse businesses grow through sourcing opportunities spurs economic growth in the communities we serve and allows Bank of America to grow at the same time.
Services we target
Bank of America has successfully targeted diverse businesses to participate in professional services, including:
- Legal services
- Marketing and advertising
- Personnel
- Property management
- Design and construction
- Technology and automation
The bank also purchases traditional commodities such as furniture, office supplies and computer equipment from diverse suppliers.
View an expanded list of commodities purchased by Bank of America.
Registering as a supplier
We encourage both prospective and current suppliers to register so that we can distribute your company's profile information to our Supply Chain Management associates worldwide.
Register as a supplier.
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