NYPA Sponsors 18th Annual
Purchasing Exchange June 19 for Minority- and Women-Owned Business
June 18, 2008
FOR IMMEDIATE RELEASE
WHITE PLAINS—Several hundred representatives of
minority- and women-owned businesses will discuss contract
opportunities with some of the largest corporations and government
agencies in the region on June 19 when the New York Power Authority
(NYPA) will play host to its 18th Annual Purchasing Exchange, a main
element of its Supplier Diversity Program.
“At the Power Authority, supplier diversity is more
than a goal, we believe it’s a smart way to do business,” said Roger
B. Kelley, NYPA president and chief executive officer. “In advancing
that philosophy, NYPA’s purchasing exchanges provide access to a
full range of opportunities and a full range of organizations from
the around the state.”
More than 30 companies including local city,
county, state and federal agencies and authorities, and Fortune 500
corporations, are scheduled to participate, making the NYPA
purchasing exchange one of the largest and most diversified in the
state. It will be held in the Jaguar Room at the Power Authority’s
main administrative office on 123 Main St. in White Plains.
Attendees from minority- and women-owned business
enterprises (M/WBEs) at past NYPA purchasing exchanges have
typically numbered in the hundreds. They meet individually with
purchasing agents from the private and public sectors, and with
other minority- and women-owned vendors, to network and establish
contacts that could lead to supplier contracts. Representatives from
minority and women business trade associations, councils and
organizations are also in attendance.
In the past, M/WBEs in attendance have supplied a
wide range of goods and services ranging from hydraulic systems and
electrical work to interior design and office products.
The Power Authority has awarded approximately $450
million in contracts to M/WBEs since NYPA voluntarily started its
Supplier Diversity Program in 1983, which was before such programs
were mandated by state law for state agencies and authorities.
NYPA now does business regularly with 60 to 70 M/WBEs,
through either direct business or subcontracting opportunities.
“Working with people of varied cultures and
backgrounds gives us greater access to new ideas and perspectives
that we can use to improve our own business approach, said Debra
White, manager of the Power Authority’s Supplier Diversity program.
“We’re proud of what we’ve been able to accomplish over the years.”
Companies and agencies expected to attend include:
Bank of New York/Mellon; Hugh L. Carey Battery Park City Authority;
Consolidated Edison of New York; New York State Contract Reporter;
City of Yonkers; County of Westchester; New York State Dormitory
Authority; Empire State Development Corporation; Enterprise
Rent-A-Car; Hudson River Park Trust; Jacob Javits Convention Center;
Keyspan Energy/National Grid; Metropolitan Transportation Authority;
New Jersey Transit; New York City (NYC) Department of Small Business
Services; NYC Health and Hospitals Corporation; NYC Housing
Authority; NYC School Construction Authority; New York State Office
of General Services; Pepsi; Port Authority of New York and New
Jersey; Slattery Skanska; The Hertz Corporation; U.S. Small Business
Administration; and New York State Department of Transportation.
■ NYPA 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-owned electric utility, with 18
generating facilities in various parts of the state and more than
1,400 circuit-miles of transmission lines. ■ For more
information, please go to www.nypa.gov.
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