Pepco Holdings has a
longstanding commitment to supplier diversity. It is a key component of our
strategic sourcing and purchasing strategy. Our executive team and dedicated
employees strive to maximize opportunities for diverse supplier inclusion in
our contract awards.
Pepco Holdings' Supplier Diversity Program evolved from those of our operating companies,
particularly Pepco which established a Minority Business Development Department
in the 1970s and voluntarily signed Memorandum of Understanding (MOU) with the MD and DC Public Service Commissions
in the 1990s. In 2009, Pepco and Delmarva Power signed revised MOUs with the
MD Public Service Commission targeting businesses that are at least 51% owned by
minorities, women, service disabled veterans and not-for-profit sheltered
workshops. This MOU is a voluntary agreement that established a long-term goal
of 25% through direct and second tier spend. Pepco also signed a similar MOU
with the DC Public Service Commission in 2012. Progress toward the achievement
of these goals, along with outreach and activities to advance supplier
diversity, are reported annually.
Atlantic City Electric has a been a member of the Supplier Diversity
Development Council (SDDC) since 1998, a program of the New Jersey public utilities and
the Board of Public Utilities (NJBPU) dedicated to forging effective working
relationships between minority, service-disabled veteran, and woman-owned
Diversity team and professional buyers participate in local, regional and
national trade fairs and matchmakers to identify third party certified diverse
suppliers who can provide Pepco Holdings the best value.
For more information about the Supplier
Diversity program, visit email@example.com.