CORRECTION: WSSC Engages Minority and Women Business Enterprises and Stimulates the Small Local Business Economy
M/WBE Total Contract Payments Equal $114.4 Million in FY 2016
OFFICE OF COMMUNICATIONS AND COMMUNITY RELATIONS
FOR IMMEDIATE RELEASE
LAUREL, MD – November 1, 2016: WSSC released its Fiscal Year (FY) 2016 Small, Local and Minority Business Enterprise (SLMBE) Program Performance Results Report yesterday to members of the Maryland General Assembly in Annapolis. The report’s results show a continued effort to engage Minority and Women Business Enterprises (M/WBE) and Small Local Business Enterprises in contracting and business opportunities with WSSC.
In FY 2016, WSSC paid $114.4 million to M/WBE firms. This represents 20 percent of the overall amount paid to vendors ($587.5 million). In addition, WSSC awarded approximately $151 million in contracts to M/WBE firms. This represents 27 percent of the total contract awards ($565.7 million). WSSC is required to annually submit its Performance Results Report (formerly Legislative Report) to the Maryland General Assembly. The full report can be accessed on WSSC’s website: https://www.wsscwater.com/legreport.
“Our SLMBE Program continues to receive local and national attention for affording our diverse business community access to business opportunities at WSSC,” said Carla A. Reid, WSSC’s GM and CEO. “These program efforts are a reflection of our Commissioner’s and Leadership Team’s commitment to supplier diversity, a commitment reflected in our dynamic MBE and SLBE Programs.”
Milestones for the SLMBE Program in FY 2016 included the completion of the 2015 Disparity Study and WSSC’s 2016 Women Business Owners Expo, which hosted more than 450 participants as a part of Women’s History Month in March.
The MBE Program is predicated on a disparity study, which is conducted every five years, and assesses WSSC’s procurement activity with M/WBE firms. The findings of the most-recently completed 2015 Disparity Study, which was concluded in July 2016, can be found on WSSC’s website at www.wsscwater.com/disparitystudy.
“I am encouraged by the results of this year’s SLMBE Performance Program Report,” said Towanda R. Livingston, WSSC’s SLMBE Office Director. “At WSSC, Supplier Diversity is a strategic priority, embedded in the fabric of our organization and ‘just the way we do business.’ Our commitment will not waiver as the SLMBE Office continues to support the economic success and vitality of the small, local and diverse business communities that we serve.”
WSSC’s MBE Program is scheduled to sunset on July 1, 2017. WSSC plans to work with legislators in Annapolis during the 2017 Legislative Session to ensure this vital Program is reauthorized.
WSSC Water is the proud provider of safe, seamless and satisfying water services, making the essential possible every day for our neighbors in Montgomery and Prince George’s counties. We work to deliver our best because it’s what our customers expect and deserve.