Unbundling Large Contracts to Advance Vendor Diversity

Date: 

Wednesday, August 9, 2023, 1:00pm to 2:00pm

Location: 

Zoom

Three people sitting at a desk

Do you want to diversify your vendor pool but are unsure where to start? Are you struggling to meaningfully move the needle on the number of contracts and dollars going to diverse, small, or local firms? In many cases, governments aren’t issuing contracting opportunities that small, local, firms and those led by women or people of color can reasonably bid on due to the sheer size of the contract. Breaking large contracts apart into smaller scopes of work is a promising practice to make opportunities available to firms who otherwise wouldn’t be able to compete. However, this strategy can encounter resistance from contract managers because of the additional work involved in being responsible for more contracts. In this training, we’ll cover the basics of unbundling, how to prioritize contracts for unbundling, and best practices for successful contract management.