PHI Supplier Diversity Policy
PHI's minority and protected class supplier program, first initiated by Pepco in the 1970's, ensures that qualified vendors have the maximum reasonable opportunity to participate in our procurement of goods and services.
PHI recognizes its responsibility to the communities we serve and the customers with whom we conduct business. The use of minority and protected class business enterprises is an integral part of purchasing procedures just as equal opportunity employment is central to our personnel policies and procedures.
In view of PHI's long-term corporate commitment to an ongoing and aggressive supplier diversity program PHI recognizes the following public service obligations:
- PHI's minority and protected class program operates in a manner consistent with our primary public services obligation to provide electricity to customers at the lowest reasonably achievable cost.
- Procurement practices will complement PHI's various local, state and federal obligations to provide opportunities to women-owned and other protected class businesses as well as minority business enterprises (MBEs). Agreements will recognize PHI's overall commitment to the Supplier Diversity program and provide appropriate opportunities for small businesses, minority and protected class firms. Protected classes include businesses owned by non-minority women, handicapped/sheltered workshops, disabled and Vietnam-Era veterans.
- Agreements recognize that PHI operates its entire business on an integrated, system-wide basis. Our Supplier Diversity program, therefore, also operates on an integrated, system-wide basis.
- Goals established under the PHI's Supplier Diversity commitment are reasonably attainable and consistent with the policies and practices of PHI. Procurement goals will take into account the availability of qualified, competitive minority business enterprises/protected classes to provide the goods and services.