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The Atlanta Fed


Procurement

The Atlanta Fed
The Federal Reserve Bank of Atlanta—the Atlanta Fed—is part of the Federal Reserve System, the U.S. central bank. The Federal Reserve conducts national monetary policy, supervises and regulates banking institutions, and helps operate and maintain the stability of the nation's financial system.

With headquarters in Atlanta and offices in five other cities, the Atlanta Fed serves six states in the Southeast—Alabama, Florida, Georgia, and parts of Louisiana, Mississippi, and Tennessee.

Atlanta Fed procurement services
As a large business with more than 1,700 employees in its six offices, the Atlanta Fed must provide its workers with the diverse tools they need to do their jobs. As a public policy institution, the Atlanta Fed must demand goods and services that meet high standards for quality and reliability.

The Procurement unit in the Financial Management and Planning Department in the Atlanta office currently does business with more than 1,000 vendors both locally and nationally. The vendors provide a wide array of goods and services for the region. Our purchases include but are not limited to:

  • Supplies
  • Equipment
  • Professional/technical services and training
  • Facilities/building services
  • Other services

The Atlanta Fed uses competitive procedures, which include requests for quotations and requests for proposals, to acquire the goods and services needed from prequalified suppliers. The Bank awards contracts to those suppliers that best meet its needs in terms of price, quality, availability, and service.

The Atlanta Fed does not participate in contracts executed by the General Services Administration (GSA) and is not allowed to purchase goods or services from federal supply schedules.

Supplier diversity
The Atlanta Fed strives to maintain a diverse pool of qualified suppliers. The Procurement Unit provides diverse businesses with equal and practical opportunities to compete to supply its offices with goods and services. The Atlanta Fed is committed to supplier diversity and inclusion and participates in vendor fairs, uses a supplier database to search for qualified candidates, and is a member of organizations that support its diversity initiative.

Acquisition guidelines
All acquisitions in the Atlanta Fed's district are processed according to guidelines established by the Federal Reserve System. Acquisitions for goods and services valued between $10,000 ($20,000 for construction) and $99,999 require the solicitation of bids from at least three suppliers. Acquisitions valued at $100,000 or more are bid through a formal Request for Proposal process.

The bidding process
The Atlanta Fed conducts its bid events primarily through an online sourcing tool. To be successful, a bidder must be responsive to the requirements of the bid, determined to be responsible in its capacity to complete those requirements, and provide the best overall solution to the Atlanta Fed. The Atlanta Fed may select bidders other than the lowest-cost solution. The Atlanta Fed provides equal opportunities in its procurement activities to all organizations based on qualifications and merit.

If your company is interested in competing to provide goods or services for the Atlanta Fed, please complete a registration form.* offsite icon (You may also mail the form to the Procurement Unit at the Federal Reserve Bank of Atlanta, 1000 Peachtree Street, NE, Atlanta, GA 30309-4470.)

*Completing the supplier registration process does not guarantee your company will receive a request to bid or a contract from the Federal Reserve Bank of Atlanta. We retain your information for statistical tracking purposes.