OMWI News

Wednesday, April 4, 2012

Federal Reserve's OMWI Report to Congress

The BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM released its
Report to the Congress on the Office of Minority and Women Inclusion.
March 2012.

It can be found at http://federalreserve.gov/publications/other-reports/files/omwi-report-20120402.pdf

We note that "During 2011, the Board's procurement contracts for goods
and services totaled $125,070,569. Of this total, $15,414,147, or 12.3
percent, was awarded to minority-owned or women-owned businesses.
Specific awards by contractor classification are as follows
• minority-owned businesses (excludes women owned businesses) =
$9,028,526 (7.2 percent of total);
• women-owned businesses (excludes minority women) = $4,237,038 (3.4
percent of total); and
• minority women-owned businesses = $2,148,583 (1.7 percent of
total)."

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