1 Federal Deposit Insurance Corporation “Doing Business with the FDIC" Alabama State University Historically Black College University Conference March.

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Presentation transcript:

1 Federal Deposit Insurance Corporation “Doing Business with the FDIC" Alabama State University Historically Black College University Conference March 6, 2012 An overview of the contracting process.

2 What is the FDIC? FDIC –(an acronym for the Federal Deposit Insurance Corporation) is an independent agency of the United States government that was created in 1933.

3 What Does the FDIC Do? The FDIC protects depositors against the loss of their insured deposits if an FDIC- insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. No one has ever lost a penny.

4 The FDIC is different from other Federal Agencies FDIC does not use appropriated funds; FDIC is not subject to the Federal Acquisition Regulations (FAR); FDIC has established its own contracting policies and procedures…the Acquisition Policy Manual (APM).

5 Minority and Women Outreach Program The FDIC promotes fair and consistent treatment of all firms…and provides opportunities to the maximum extent possible, for Minority and Women- owned Businesses and Small Disadvantaged Businesses.

6 Recognized Certifications (The FDIC does not have contracting goals, targets, or set-asides) SBA 8A -Small Business Administration HUBZONE- Historically Underutilized Business … SDV -Service Disabled Veterans VET-OWNED- Veteran-owned WBE- Women Business Entrepreneurs MOB- Minority-owned Business SDB -Small Disadvantaged Business

7 Types of Contracted Services 98% of FDIC contracting is associated with bank resolution work. Receiverships-services associated to closed banks Financial Services-consultants, CPAs Real Estate-marketing and liquidation Information Technology

8 Cont’d Facility services-security, mailroom, janitorial Public Relations Firms Language Translators Office Supplies Furniture Administrative Support Services Copier Services

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10 Steps for eligibility to contract with the FDIC Register in the CCR (Central Contractors Registration) database Register in the FDIC Contractor Resource List (CRL) FDIC’s Steps  Presolicitation  Solicitation  Evaluation  Award  Administration

11 To receive a government contract Market your firm Develop and maintain a website and strong capabilities statement. Make certain that you can accept the “Credit Card”. Network with private sector firms for which you might seek to partner with, joint-venture, team, etc. Participate with training classes sponsored by both public and private sector organizations.

12 FDIC Offers Technical Assistance Small Business Resource Page List of our Prime Contractors One-on-One meetings with FDIC Minority and Women Outreach Program Specialists

13 Contact Us ASK-FDIC ( ) – designated to inquiries from MWOBs seeking

14 Questions