The Freddie Mac Supplier Diversity program attracts and develops diverse suppliers, while encouraging our primary suppliers to use diverse suppliers in support of Freddie Mac business engagements.
- Attract – External outreach, solicitation, sourcing and identification of qualified diverse-owned businesses aligning with enterprise needs.
- Develop – Better position diverse-owned businesses to compete for contracts through the Supplier Academy and other development activities.
The Supplier Academy is Freddie Mac's diverse supplier development program. The curriculum is designed to provide participants with insight to effectively do business with Freddie Mac, provide an opportunity to meet and asks category specific questions to category managers and present capabilities to category managers and decision makers.
- Manage – Continuous monitoring, evaluation and engagement of existing diverse-owned businesses, and internal decision makers.
We welcome qualified diverse suppliers to consider Freddie Mac's potential sourcing opportunities.
Email us to start a conversation.
If there is an immediate and relevant business need, a Supplier Diversity representative will contact you.
These qualifications may vary by product and service type.
- Ownership: At least more than 50% owned, managed and operated by a diverse entity
- Business History: Minimum 2 years
- Quality & Service: Meet or exceed customer service standards; quality assurance by approved third party, when applicable; certifications (preferred)
- Pricing: Must offer competitive pricing
- Insurance: Meet insurance and indemnification requirements
- Other Areas: On-time deliveries; innovation
Freddie Mac is proud to be a part of the following organizations:
- National Minority Supplier Development Council
- Capital Region Supplier Development Council
- Women's Business Enterprise National Council
- Women's Business Enterprise Council Greater DMV
- National Gay and Lesbian Chamber of Commerce
- Financial Services Roundtable for Supplier Diversity
- National Veteran Business Development Council
- Qualified as a Service-Disabled Veteran-Owned Small Business Concern as defined in 13 C.F.R. §§ 125.8-125.13; or
- More than 50 percent of the ownership or control of which is held by one or more persons with a disability; and
- More than 50 percent of the net profit or loss of which accrues to one or more persons with a disability.
- Disability has the meaning defined in 29 C.F.R. § 1630.2(g), § 1630.3 and Appendix to Part 1630 – Interpretive Guidance on Title I of the Americans with Disabilities Act.
Lesbian, Gay, Bisexual and Transgender-Owned Business (LGBT-Owned Business):
- At least 51 percent of which is owned, operated, managed and controlled by one or more gay, lesbian, bisexual or transgender persons who are either United States citizens or lawful permanent residents;
- That exercises independence from any non-gay, lesbian, bisexual or transgender-owned business enterprise;
- With its principal place of business (headquarters) in the United States; and
- Formed as a legal entity in the United States.
- This definition is from the National Gay and Lesbian Chamber of Commerce.
- More than 50 percent of the ownership or control of which is held by one or more minority individuals; and
- More than 50 percent of the net profit or loss of which accrues to one or more minority individuals.
- Minority means any Black (or African) American, Native American (or American Indian), Hispanic (or Latino) American, or Asian American.
Service-Disabled Veteran-Owned Business:
- Not less than 51 percent of which is owned by one or more service-disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more service-disabled veterans; and
- The management and daily business operations of which are controlled by one or more service-disabled veterans or, in the case of a veteran with a permanent and severe disability, a spouse or permanent caregiver of such veteran.
- Service-Disabled Veteran owned business has the meaning described by the United States Department of Veterans Affairs at www.vip.vetbiz.gov or www.vets.gov.
- A veteran owns 51 percent or more of the company being registered.
- A veteran is the highest-compensated individual in the company (or include a memorandum that explains why you are not).
- A veteran is involved directly in the day-to-day operations of the company as well as strategic decisions.
- A veteran holds the highest officer position in the company.
- Veteran-owned business has the meaning described by the United States Department of Veterans Affairs at www.vip.vetbiz.gov or www.vets.gov.
- More than 50 percent of the ownership or control of which is held by one or more women;
- More than 50 percent of the net profit or loss of which accrues to one or more women; and
- A significant percentage of senior management positions of which are held by women.
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