Doing Business with the Fed

The District Procurement department is responsible for acquiring quality goods and services on behalf of the Federal Reserve Bank of St. Louis and its branch offices in Memphis, Louisville and Little Rock. Our contract specialists locate responsible suppliers, manage the acquisition process, analyze proposals and negotiate contracts in compliance with Federal Reserve policies and guidelines.

Our contract specialists employ various acquisition methods, including:

• competitive bidding
• requests for information
• requests for quote
• requests for proposal

The Federal Reserve Bank of St. Louis engages in a wide variety of local and national procurements. We strive to identify suppliers that will provide value-added services and products to the Bank. Our goal is to create and foster positive relationships with our suppliers.

The St. Louis Fed uses Ariba as the Bank’s standard procurement sourcing and contract management application. Creating a profile on Ariba’s Discovery Network is free. You can register here. If you have questions about establishing your company profile or our Procurement program, contact nick.moran@stls.frb.org.

Competition and Fair Treatment

The Federal Reserve Bank of St. Louis makes every effort in its policies, procedures and actions to encourage competition and provide fair and equal treatment for all bidders.

In compliance with Section 342 of the Dodd-Frank Act, the St. Louis Fed ensures, to the maximum extent possible, the fair inclusion and utilization of minorities, women and minority-owned and women-owned businesses in its contracting and procurement activities.

The St. Louis Fed has an outreach program designed to increase the pool of responsible, diverse suppliers and the Bank’s supplier resiliency. The Bank does not set aside any acquisitions, in whole or in part, for purposes of contracting with specific groups.