At Nabholz, we know that having a diverse group of supply partners makes good business sense. Working with minority-owned and women-owned businesses is essential to helping us meet our high standards for quality products and ultimately creates more value for our shareholders and strengthens the communities we serve. We strive to build mutually beneficial business relationships and to provide maximum opportunity for diverse suppliers to compete on an equal basis with all other suppliers who meet our product, service, procurement, and contractual requirements.
The competitive advantages of embracing the entire business community will continue to grow, and we want qualified and competitive minority vendors to share in this growth.
Nabholz is in constant pursuit of opportunities to work with diversity suppliers in all aspects of our business including general construction, advertising, information technology, industrial services, heavy equipment, office supplies, and computers. Our goal is to procure 15% of our products and services from MBE, WBE and DVBEs; as defined below:
- Disabled Veteran Business (DVBE) – A business in which at least 51 percent is owned by one or more disabled veterans or, in the case of any publicly owned business, not less than 51 percent of the stock is owned by one or more disabled veterans; and (b) the management and daily business operations are controlled by one or more disabled veteran. The term “veteran” has the meaning defined in 38 U.S.C. 101.
- Minority Business Enterprise (MBE) – A U.S. based business (a) which is at least 51 percent owned by minorities, or in the case of any publicly-owned business, at least 51 percent of that business’ stock is owned by one or more minority; and (b) whose management and daily business operations are controlled by one or more of the minority individuals who own it. Minority Group Members include:
- African-American: Citizens of the United States having origins in any of the Black African racial group.
- Asian-Pacific American: Citizens of the United States whose origins are from Japan, China, Philippines, Vietnam, Korea, Samoa, Guam, U.S. Trust Territories in the Pacific, Northern Marianas, Laos, Cambodia or Taiwan.
- Asian-Indian American: Citizens of the United States whose origins are from India, Pakistan, and Bangladesh.
- Hispanic American: Citizens of the United States of Spanish culture whose origins are Mexico, South or Central America or the Caribbean Islands.
- Native American: American Indians, Eskimos, Aleuts, and Native Hawaiians.
- Woman Business Enterprise (WBE) – A U.S. based business (a) which is at least 51 percent owned by women, or in the case of any publicly-owned business, at least 51 percent of that business’ stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more of the women who own it.
NABHOLZ has deployed a wide variety of methods to encourage and assist diverse suppliers in participation in procurement opportunities. Some of the methods used are mentoring, symposiums, network meetings, outreach participation, etc. We are facilitating opportunities for diverse businesses to expand their expertise in highly specialized fields that relate to the construction industry, and we have relationships with major organizations to build a network of support for diverse suppliers. Our efforts have been recognized by the community and we have been honored for these initiatives. Arkansas Minority & Women Contractor’s Association (AMWCA) 2009 Builders’ Award, this award is given to all individuals and companies who have provided assistance to the ACT 950 of 2007 participants.
Additionally NABHOLZ Construction is part of the charter group of the city of Little Rock, Arkansas’ Mentor-Protégé Program.
The objective of NABHOLZ Construction Mentor-Protégé Program is to increase the number of certified Minority and Woman-Owned Business Enterprises (M/WBEs) capable of successfully acquiring larger construction contracts with NABHOLZ and other public and private organizations. The program seeks to improve the protégés’ management, organization and construction skills by teaching them new strategic tools to speed the growth of their businesses.
Launched in 2007, this unique and innovative program represents a significant commitment that major construction companies have made to act as mentors to protégé firms, sharing their business and construction expertise and providing crucial industry exposure. This program is one major example of how NABHOLZ is working with its public and private partners, helps strengthen the regional economy, creates new business opportunities and broadens workforce participation.
“From the earliest days of the construction industry in ancient civilizations, mentoring new talent has been the foundation of the industry,” noted Little Rock Mayor Mark Stodola. “That is why; I am pleased to announce that local leaders in the construction industry are taking part in a MBE Construction Mentoring Program to give minorities in the construction industry the chance to learn more about the industry.”
The Mentor-Protégé training prepares the protégés for proficiency in the following eight categories: Construction Contract Law, Construction Estimating, Financial Management (Financial Strategies), Managing Projects Between $500,000 and $3 Million (Project Management), OSHA and Your Responsibilities–Understanding Safety, Planning and Scheduling to Reduce Project Costs, Project Controls, and Surety Bonding for New and Emerging Contractors and Professional Development.
The training takes place in a formal classroom environment and is reinforced by the mentors via one-on-one consultation.
During the one-year program period, MBE contractors will participate in seminars, information exchange sessions and mandatory curriculum classes. Additionally, MBE contractors will be exposed to networking events where they interact directly with well-known players in the industry, make formal presentations and secure the business connections and know-how necessary to further develop their business. They will also be encouraged to form partnerships with other MBE contractors to expand their respective capabilities.
HOW THE PROGRAM WORKS
Mentors provide “on-call” availability of a professional representative whose commitment to protégés involves a range of advice from project planning to estimating, bidding and project closeout, along with sharing a broad range of other important general and trade contracting information. Through this exceptional exposure, protégés are expected to incorporate this new knowledge into their business practices, making tactical and tangible changes in their approach and operations.
During the one-year program, protégés participate in seminars, information exchange sessions and mandatory curriculum classes. Additionally, protégé firms are exposed to networking events where they interact directly with well-known players in the industry, make formal presentations and secure the business connections and know-how necessary to further develop their businesses. They also can form partnerships with other protégé firms to expand their respective capabilities.