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Board of Governors of the Federal Reserve System

Federal Reserve

The Federal Reserve Board supervises the US banking system and conducts monetary policy. It spends $500M+ annually on IT systems, economic research, facilities, and professional services across its Washington DC headquarters and 12 Federal Reserve Banks.

$500M+
Annual Contract Spend
$5B+
Annual Budget
30%
Small Business %
Get Federal Reserve Contract Alerts →Browse Live Tenders

Set-Aside & Small Business History

Board of Governors of the Federal Reserve System historically awards the following percentages of eligible contract dollars to small and disadvantaged businesses. These figures reflect agency performance against statutory goals and represent real contract opportunities for certified firms.

30%
Small Business
4%
SDVOSB
4%
WOSB
2%
HUBZone
5%
8(a)

What Federal Reserve Buys

Board of Governors of the Federal Reserve System is an active buyer in the following categories. These represent the highest-volume procurement areas based on historical award data.

IT systems
Economic research
Facilities management
Professional services
Data analytics
Security systems

How to Get on Federal Reserve's Radar

The contractors who win Federal Reserve contracts consistently aren't just responding to solicitations — they're known quantities before the solicitation is published. Here's how to build that position.

1

Register with the Federal Reserve Board Procurement at federalreserve.gov/apps/contactus/feedback.aspx

2

Monitor Federal Reserve solicitations on SAM.gov

3

Target each Federal Reserve Bank separately — each has independent procurement

4

Contact the Board's Office of Minority and Women Inclusion for outreach

Note that Federal Reserve Banks (NY Fed, Chicago Fed, etc.) are major independent buyers

Key Programs & Contract Vehicles

01Federal Reserve IT Enterprise
02FedNow real-time payments system
03Fedwire and FedACH payment systems
04Federal Reserve Building renovations
05Economic data and research systems

Top NAICS Codes at Federal Reserve

These NAICS codes represent the highest-volume procurement categories at Board of Governors of the Federal Reserve System. Register these codes in your SAM.gov profile to appear in agency vendor searches.

236220Commercial and Institutional Building Construction
$2.5M avg →
541512Computer Systems Design Services
$1.8M avg →
541519Other Computer Related Services
$750K avg →
518210Data Processing and Hosting Services
$2.1M avg →
541611Management Consulting Services
$1.4M avg →
541710Physical, Engineering, and Life Sciences R&D
$2.8M avg →

Frequently Asked Questions

How do I register as a vendor with Federal Reserve?

SAM.gov + Federal Reserve Board procurement + individual Reserve Bank vendor registration. Ensure your SAM.gov registration is active and includes the NAICS codes that match Board of Governors of the Federal Reserve System's primary procurement categories before reaching out directly.

What certifications help with Federal Reserve contracts?

Board of Governors of the Federal Reserve System awards 30% of eligible contract dollars to small businesses. SDVOSB firms receive approximately 4% of awards. 8(a)-certified firms receive approximately 5%. All applicable SBA certifications are recognized.

What does Federal Reserve spend on contracts annually?

Board of Governors of the Federal Reserve System spends approximately $500M+ annually on contracts. The total agency budget is $5B+, with procurement representing the contract-deliverable portion of that spending.

How do I find active Federal Reserve solicitations?

Monitor SAM.gov and filter by Board of Governors of the Federal Reserve System as the contracting agency. Set up email notifications for your NAICS codes from this agency. BidEdgeHQ monitors SAM.gov and state portals in real time, scoring every Federal Reserve solicitation against your ICP profile and delivering WhatsApp alerts for high-match opportunities.