Lekha Fernandes

The document outlines the Office of Financial Management's (OFM) Business Diversity Spending Goal Plan for Fiscal Year 2025, targeting a 10.00% spending goal. The plan focuses on maximizing opportunities for certified businesses through its Supplier Diversity Program. Key strategies include utilizing a Supplier Diversity Dashboard to monitor and improve divisional spending, providing training to Contract Managers, conducting outreach to encourage small and minority-owned businesses to register and seek certification, and seeking expert advice for continuous improvement. New initiatives involve enhancing the dashboard and increasing communication with both internal staff and external vendors.

The Department of Natural Resources' FY26 Business Diversity Spending Goal Plan outlines strategies to increase procurement with minority, women-owned, veteran-owned, and small businesses. Key initiatives include implementing the DES Supplier Diversity policy, dedicating staff to expand diverse vendor contracts, removing contracting barriers, and developing robust forecasting processes. The plan aims to foster equitable access to state procurements and enhance staff engagement in inclusive purchasing practices.