Becoming an FDIC Supplier: Quick Reference Guide
There is an increased volume of contracting opportunities.
The FDIC’s contracting activity has increased due to the banking and financial crises of the last several years.
The FDIC needs the services of qualified businesses to help meet FDIC goals.
The FDIC is different from other federal government agencies.
The FDIC does not receive appropriated funds – financial institutions pay premiums for the insurance that the FDIC provides.
As a quasi-government agency, the FDIC is not subject to the same Federal Acquisition Regulation (FAR) as other agencies.
The FDIC has created policies that draw from the best of the FAR and private corporate practices to promote participation of minority-, veteran-, and women-owned business, as well as other small businesses in FDIC contracting opportunities.
The FDIC and Contracting
FDIC OMWI Education Module: Becoming an FDIC Supplier: Quick Reference Guide