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Breakout Session #: 1106 Malik Ali, Executive Director, FMBOC Date: April 27, 2004

How to Include Diverse Suppliers in Your Procurement Process. Breakout Session #: 1106 Malik Ali, Executive Director, FMBOC Date: April 27, 2004 Time: 01:30 pm – 2:30 pm. Florida Minority Business Opportunity Committee Teaming with, Florida Minority Supplier Development Council

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Breakout Session #: 1106 Malik Ali, Executive Director, FMBOC Date: April 27, 2004

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  1. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management in the Business World”

  2. How to Include Diverse Suppliers in Your Procurement Process Breakout Session #:1106 Malik Ali, Executive Director, FMBOC Date: April 27, 2004 Time: 01:30 pm – 2:30 pm. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  3. Florida Minority Business Opportunity Committee Teaming with, Florida Minority Supplier Development Council Funded by: MINORITY BUSINESS DEVELOPMENT AGENCY (MBDA) U.S. DEPARTMENT OF COMMERCE NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  4. The primary objective of the Florida Minority Business Opportunity Committee (FMBOC) is to increase opportunities for minority-owned companies to access to capital and markets, and to develop institutional capability at the local level for continuing minority business success. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  5. What is an MBOC? The MBOC is dedicated to the planning, coordinating, and delivery of available resources for the maximum practical participation of qualified minority businesses within the economic life of the community. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  6. Principal Functions: • To serve as a focal point to insure minority business participation. • To identify opportunities for qualified minority businesses and to develop approaches for disseminating this information. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  7. To maximize participation of minority businesses by identifying barriers and developing approaches for overcoming these obstacles. • To serve as a community advocate for minority businesses. …………. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  8. FMBOC & You -Making It Happen NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  9. The MBOC TEAM will, • Increase contract awards for MBE’s in construction, purchasing, consulting, & 2nd Tier subcontracting within Federal, State, Local, and Private sector procurement. • Encourage continual participation of public & private sector organizations in the minority business programs. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  10. Coordinate efforts to identify opportunities. • Identify financial institutions to provide and assist minority firms with access to capital. • Serve as an advocate for the minority business community. ………….. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  11. The FMBOC representatives include Lockheed Martin, Darden Restaurant, Jacobs Sverdrup, Progress Energy, Verizon, Orlando Utilities Commission, Orange County Public Schools, Lynx, etc. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  12. Benefits: • Increased communication and business opportunities between MBE’s & Corporations. • Increased coordination of Federal, State, and Local resources for MBE’s. • Increased access to MBE’s businesses to procurements, capital, and markets. NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  13. Why AnM.B.E.Program? NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  14. Denial of Opportunities / Access To CapitalMinorities Provide Revenue / TaxesIncreased Competition / Cost SavingsExclusion of Business Opportunities NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  15. Ordinances Public Law 95-507, 99-661 MBE Goals Good Business Economic Development NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  16. Areas of Opportunities • Construction: 1st Tier & 2nd Tier • Architect & Engineering • Arts & Entertainment • Advertising • Banking • Financial Management NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  17. Sourcing • Buyers, Contract Administrator’s, SBLOs, • MBE Coordinators • Procurement Conferences, Trade Fairs • Business Publications, Public • Directories, etc. • Management Associations • MBDA Portal NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  18. Qualification • Capabilities • Qualified • Vendor Profiles • Meetings • Roundtable Discussions NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  19. Certification M B E • SBA • SDB, 8(a), HubZone • NMSDC (40 Affiliated Council’s) • Government Agencies, • State, Local NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  20. Bidding • Contract Dollars $$$ • Debriefing Bids NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  21. Assistance • Payment Terms • Net 10 • Progress Payments • Contract Financing • Inform MBE Coordinator of Needs NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

  22. And Remember……………. T ogether E veryone A ccomplishes M inority Business Development Thanks from TEAM MBOC NCMA World Congress 2004 “Maximizing Value to Stakeholders…Contract Management within the Business Cycle”

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