What is Supplier Diversity at the University of Missouri
Supplier Diversity Eligibility
Businesses that are recognized as diverse suppliers come from Federal Public Law 95-507. These firms should be certified from a recognized certification agency. They are at least 51% owned, controlled and operated by a United States Citizen(s) who is:
- Service Disabled Veteran Enterprises (SDVE)
- Veteran-owned businesses
- Woman-owned businesses
The university also recognizes Small Disadvantaged Business Enterprises (SDB/DBE) that are certified by the Federal Government (SBA). Those firms are certified based on net-worth requirements of the firms versus race and/or gender.
The supplier diversity effort is NOT a set-aside or preference program. It is designed to provide every opportunity for minority and women-owned businesses to participate in sourcing opportunities at the University of Missouri, systemwide. These firms must be qualified and cost competitive just like any other firm.
Preference for Missouri Products and Firms
In keeping with the policy of the state of Missouri as declared in statutory law, the Board of Curators of the University of Missouri has adopted the following policy:
Preference shall be given in respect to the products of the mines, forests and quarries of the state of Missouri and all materials, commodities products supplies, provisions and all other articles produced, manufactured, mined or grown within the state of Missouri, provided that:
- They are of a quality suitable and are fit for the purpose intended.
- They can be secured without additional cost over products sourced from outside of Missouri.
- They are found in marketable quantities in the state.
Preference will also be given to all firms, corporations or individuals doing business as Missouri firms.