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Supplier Diversity Metrics

TVA's Supplier Diversity Social Responsibility Report
The key performance indicators in the table below represent a quantification of our corporate social responsibility performance and progress over the past years. We review and track our performance in these areas and provide the results to TVA leaders.
Key Performance Indicators ** FY 2012 ** FY 2013 ** FY 2014
Total Small Business Spend(%) 24.0% 23.7% 26.6%
Total Small Business Spend($) $805 Million $824 Million $899 Million
Total Diverse Business Spend(%)* 8.0% 7.9% 8.1%
Total Diverse Business Spend($)* $267 Million $273 Million $269 Million
Total Valley Business Spend(%)* 66.6% 67.1% 74.7%
Total Valley Business Spend($) $2.2 Billion $2.3 Billion $2.5 Billion

**Includes spend related to direct contracting and subcontracting (Tier 1 & Tier 2).
*TVA considers a company as having a Valley business presence if one of the following criteria is met:
(1) A company that provides products, labor, and/or services through an operational business unit located in the Tennessee Valley region.
(2) Although headquartered outside the Valley, contributes to the economic development of the Valley by maintaining a meaningful presence by providing at least 60% of the TVA contract work requirements through the employment of personnel residing in the Valley.
*Total Diverse Business (%) and ($) includes spend with Minority-Owned, Woman-Owned, Small Disadvantaged-Owned Businesses, Veteran Owned Businesses, Service-Disabled Veteran-Owned Businesses, and HubZone Businesses
TVA Supplier Diversity New "First Time" Contract Awards Annual Report*
TVA tracks and reports annually the number of new first time contracts awarded to small disadvantaged and women owned small business in support of our commitment to maintaining diversity in our supplier base, promoting new entrants into the federal market, and ensuring compliance with federal laws and regulations.**
Diversity Category 2009 2010 2011 2012 2013 2014
Small Disadvantaged Business 73 39 45 27 24 13
Small Woman Owned Business 46 38 68 51 34 38
Small Hub Zone Business 2 10 5 7 6 2
Total Diversity New Purchases 121 87 118 85 64 53
**The number of contracts are reported for each fiscal year.
*TVA defines "first time" as a qualified business that has never been awarded a contract with TVA.