The WBE Purchasing Process

Many times an organization buys goods and services in the following ways:

The informal solicitation: Price quotations for goods and services valued at less than $10,000 are solicited by mail or fax, without public advertisement. Emergency contracts that are awarded to meet bona fide departmental emergency needs—and do not exceed $50,000—are solicited by telephone, without public advertisement.

The formal contract process: In many organizations, a contract with a value greater than $10,000 must be let by free and open competitive sealed bidding (an Invitation for Bid, or IFB), or by competitive negotiation after public advertisement (a Request for a Proposal, or RFP). This means that any financially responsible company can submit a bid or a proposal for one of these contracts.

How is WBE spending reported?

Ready to make an informal solicitation?

Call Progressive Industries, Inc. at 1-800-282-9035 to find out how they've become one of the nation's leading WBE contractors.