NEWS

NYPA Hosts 22nd Annual Purchasing Exchange
NYPA Sets New Record for Expenditures to Minority and Women-Owned Businesses

Contact:
Maura Balaban
(914) 390-8171
maura.balaban@nypa.gov


June 5, 2012

FOR IMMEDIATE RELEASE

WHITE PLAINS—The New York Power Authority (NYPA) will hold its 22nd Annual Purchasing Exchange, for minority and women-owned business enterprises (MWBEs), in support of its efforts to increase opportunities for such enterprises and to continue expansion of diversity throughout its operations. The Purchasing Exchange, which will be held Wed., June 6, from noon until 4 pm at NYPA’s White Plains office located at 123 Main St, is a prominent forum for MWBE suppliers pursuing contracts with purchasing representatives from public and private entities in addition to giving those entities opportunities to expand their access to numerous qualified MWBE suppliers. 

“Last year, Governor Cuomo called on state agencies to dramatically increase the percentage of state contracts awarded to minority- and women-owned businesses.  Thanks to the commitment of NYPA’s staff, including NYPA’s Chief Diversity Officer Sylvia Hamer, the groundwork of NYPA’s robust Supplier Diversity program and their efforts to seek out minority and women-owned businesses that are qualified to bid, the Power Authority awarded a record $67 million in contracts to minority and women-owned businesses,” said Joan Tursi, NYPA Senior Vice President–Corporate Support Services. “I’m proud to be part of a state and an organization, that is savvy enough to recognize the importance of these businesses in driving New York’s overall prosperity, and also capable enough to make supplier diversity a reality.”

Among the 40 public and private sector entities planning to participate this year are the New York State Office of General Services, New York State Department of Transportation, New York City Housing Authority, New York City School Construction Authority, Empire State Development Corporation, Con Edison, Bank of New York Mellon, National Grid, AECOM along with NYPA and many others. Almost 250 MWBE firms will be present to pursue the many opportunities available at the Purchasing Exchange.

MWBE firms attending the Purchasing Exchange specialize in supplying professional services, construction-related goods or services, or high technology goods and services. It is not necessary for MWBEs to be certified by New York State to attend, though representatives will be available to assist those who are interested in the certification process.

NYPA operates a multimillion dollar supplier diversity program, under the direction of Debra White, supplier diversity director, to ensure that diverse suppliers actively and successfully participate in NYPA’s procurement process. NYPA's supplier diversity program is also responsible for negotiating with subcontractors, evaluating compliance for prime contracts and monitoring labor force requirements.

“It has been extremely rewarding to see the popularity of this event grow since NYPA held its first Purchasing Exchange in 1989,” said White. “The annual growth in attendance at this event is mirrored by the success of minority- and women-owned firms generally, which over the years have won larger and larger shares of business from government and private businesses.  At NYPA, that’s a trend we want to encourage.”

For New York State’s fiscal year 2011-2012, NYPA awarded $67.6 million of its reportable expenditures to State-certified MWBE firms, exceeding its previous record, set in 2009, by approximately $4.5 million.


About NYPA:

■The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives.■It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■Approximately 80 percent of the electricity it produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■For more information, www.nypa.gov


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