Navigating the Federal Reserve System Procurement Process Video Presentations

Video presentations on select educational seminars during the Federal Reserve Board’s Vendor Outreach Fair.

Navigating the Federal Reserve System Procurement Process—The Acquisition Roadmap

  • Christine M. Fields, Associate Director and Chief Acquisition Officer Federal Reserve Board (moderator)
  • Mark Hands, Supplier Diversity Manager Federal Reserve Bank of Chicago
  • Melissa Butler, Assistant Vice President National IT Contracts and Procurement Federal Reserve Bank of Richmond
  • Beverly Milenbachs, Strategic Sourcing Specialist National Procurement Office

This session provides businesses with information on how the Federal Reserve System procures goods and services. The unique structure of the Federal Reserve System consists of a Board of Governors headquartered in Washington, D.C., and 12 Reserve Banks located in major cities throughout the United States.

Federal Reserve Board: Procures products and services to meet the operational needs of the agency.

Reserve Banks: Procure products and services to meet the operational needs of their respective districts.

National Procurement Office (NPO): Negotiates master agreements for commodities and selected goods/services on behalf of all 12 Reserve Banks. The NPO is located at the Federal Reserve Bank of Richmond.

National Information Technology Contracts and Procurement: Procures hardware, software, and services for the Federal Reserve’s centralized National IT Organization located at the Federal Reserve Bank of Richmond