Automate Best Value

The SMaRTi™ process is designed to enable compliance with the mandates of various provisions, including G.S. 143-128, G.S. 136-28.4, G.S. 160A-17.1, Chapter 8, Section 3(b) of the 1989 Session Laws (Senate Bill 38), and Executive Order 77. 


Our approach has achieved remarkable success due to its strategic alignment and measurable impact. Here are key factors contributing to its effectiveness.


Strategic Integration:


  • SMaRTi™ is seamlessly infused into the company’s overall strategy.


  • Inclusion efforts are not treated as isolated initiatives but are woven into supporting infrastructure and financial operations, enhancing overall business performance.


Quantifiable Metrics:


  • SMaRTi™ emphasizes specific, measurable goals.


  • By tracking metrics such as inclusion, fair market value rates, and supplier compliancy with SCBN policies and government contract laws,

Ford Enterprises ensures accountability and progress.



Inclusive Implementation:


  • The approach prioritizes measurable inclusivity at every level.


  • Assurance of compliance and cash consciousness optimization to value automated on each transaction,


  • via optimizing Request for Quote end-to-end process automation: Tax Code (26 U.S. Code § 38)-General Business Incentive Tax Code (26 U.S. Code §41)- Research and Experimentation (R&E) Incentive.


Fiduciary Responsibility:


  • Ford Enterprises treats advocating for DEI as a fiduciary duty to stockholders.


  • Linking DEI outcomes to financial results ensures sustained commitment and accountability.


In summary, SMaRTi™ combines strategic vision, quantifiable metrics, and inclusive practices, making it a powerful driver of success.


The SMaRTi™ process enables compliance with several specific mandates beyond those previously mentioned. Here are some additional mandates it supports:


1. Public Law 95-507


Mandate: Provides maximum practicable opportunities to disadvantaged and women-owned businesses.


Compliance Mechanism: SMaRTi™ automates tracking and reporting of subcontracting activities, ensuring businesses meet the required thresholds for minority participation.


2. Federal Acquisition Regulation (FAR)


Mandate: Requires federal contractors to implement affirmative action programs for small, disadvantaged, and women-owned businesses.


Compliance Mechanism: SMaRTi™ integrates with IBM Sterling B2B Integrator to facilitate seamless data exchange and compliance reporting,

ensuring adherence to FAR requirements.


3. Executive Order 11246


Mandate: Prohibits federal contractors from discriminating in employment decisions on the basis of race, color, religion, sex, or national origin.


Compliance Mechanism: SMaRTi™ includes robust reporting tools that help businesses document their efforts to comply with affirmative action and equal employment opportunity requirements.


4. Section 503 of the Rehabilitation Act


Mandate: Requires federal contractors to take affirmative action to employ and advance in employment qualified individuals with disabilities.


Compliance Mechanism: The process ensures that businesses can efficiently track and report their compliance efforts, fostering an inclusive workplace.


5. Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA)

 

Mandate: Requires federal contractors to take affirmative action to employ and advance in employment qualified veterans.


Compliance Mechanism: SMaRTi™ helps businesses document and report their efforts to comply with VEVRAA, ensuring they meet statutory requirements.



Here are some additional mandates

SMaRTi™ enables compliance with:


1. Public Law 100-656 (Business Opportunity Development Reform Act of 1988)

 

Mandate: Enhances opportunities for small businesses, including those owned by socially and economically disadvantaged individuals.

 

Compliance Mechanism: SMaRTi™ helps businesses track and report their subcontracting activities with small and disadvantaged businesses, ensuring compliance with this law.


2. Public Law 103-355 (Federal Acquisition Streamlining Act of 1994)

 

Mandate: Simplifies the federal procurement process and increases opportunities for small businesses.

 

Compliance Mechanism: The process automates compliance tracking and reporting, making it easier for businesses to meet the streamlined requirements and benefit from increased procurement opportunities.


3. Public Law 106-50 (Veterans Entrepreneurship and Small Business Development Act of 1999)

 

Mandate: Promotes business opportunities for veterans and service-disabled veterans.

 

Compliance Mechanism: SMaRTi™ includes tools for documenting and reporting efforts to subcontract with veteran-owned businesses, ensuring compliance with this mandate.


4. Public Law 109-461 (Veterans Benefits, Health Care, and Information Technology Act of 2006)

 

Mandate: Enhances procurement opportunities for veteran-owned and service-disabled veteran-owned small businesses.

 

Compliance Mechanism: The process ensures that businesses can efficiently track and report their subcontracting activities with veteran-owned businesses, meeting the requirements of this law.


5. Public Law 111-240 (Small Business Jobs Act of 2010)


 Mandate: Provides support and resources to small businesses to help them grow and create jobs.

 

Compliance Mechanism: SMaRTi™ helps businesses document their compliance with the provisions of this act, including subcontracting with small businesses and accessing available resources.


6. Public Law 114-92 (National Defense Authorization Act for Fiscal Year 2016)

 

Mandate: Includes provisions to support small business participation in defense contracting.

 

Compliance Mechanism: The process automates the tracking and reporting of subcontracting activities with small businesses, ensuring compliance with the defense contracting requirements.


7. State and Local Diversity and Inclusion Mandates


 Mandate: Various state and local laws require businesses to engage in diversity and inclusion practices.

 

Compliance Mechanism: SMaRTi™ provides real-time monitoring and updates to ensure compliance with state and local diversity mandates, reducing the risk of non-compliance.


These features collectively ensure that the SMaRTi™ process effectively supports businesses in complying with a wide range of federal, state, and local mandates, promoting diversity, inclusion, and equal opportunity.

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