Stanford University
OP-15: Inclusive and Local Purchasing

Stanford University is committed to increasing opportunities for small and disadvantaged businesses. A relevant excerpt from Stanford's policy is pasted below for reference. For complete policy details, please visit: https://adminguide.stanford.edu/chapter-5/subchapter-5/policy-5-5-1 . Stanford University is committed to increasing significantly the opportunities for minority, women and disabled people to engage in business with the University. a. Purpose This policy statement supports a long-range plan to enhance Stanford's external affirmative action. The plan serves to promote diversity through the judicious use of the University's financial and other resources to increase opportunities for small businesses and businesses owned by targeted concerns to participate in economic opportunities arising from University business activities. b. Scope The classes covered by this policy, as defined by the Federal Government, include Asian, Black, Latino/Hispanic and Native American, women of all racial/ethnic background, people who are disabled or physically challenged, veterans, and other targeted concerns. c. Implementation The President and Provost will provide the leadership for promulgating this policy; however, responsibility for its implementation rests with individual vice presidents, deans, directors of major institutions and centers, the Chief Executive Officer of the Stanford Management Company, and the heads of other organizations not covered above.

Stanford's current inclusive and local purchasing spend--including the categories Minority Owned, Minority Owned and Small Business Owned, Small Business Owned, Women Owned, Women Owned and Minority Owned, Women owned and Small Business Owned, Women Owned, Minority Owned, and Small Business Owned--is $236,543,852.00, which equates to a percentage total of spend of 11%. This is based upon calendar year 2013.