Commitment

The Federal Home Loan Bank of Chicago is committed to supplier diversity. We strive to partner with businesses owned by minorities, women, veterans, people with disabilities, and members of the LGBTQ community. Our suppliers are cost competitive, value strong customer service, and are dedicated to excellence.

View a list of products and services typically purchased by FHLBank Chicago here.

Vendor Sourcing Opportunities

Please respond to the below opportunities by completing our Prospective Vendor Submission Form or by emailing vendormanagement@fhlbc.com prior to the deadline date for each opportunity. 

 

 

The Federal Home Loan Bank of Chicago (“Bank”) is seeking a vendor to conduct an assessment of the Bank’s strategic sourcing, contracting, and third party risk management processes with a goal of providing recommendations for process improvements including technology solutions to achieve a range of matured states (RITM0107231).  If you meet the below requirements, please respond by completing the Prospective Vendor Submission Form below (reference RITM0107231 SSVM Assessment and Process Improvement Partner), or by sending an email to vendormanagement@fhlbc.com prior to 5:00 pm CST on December 13, 2023.

Please include in your response that you have experience, status and/or qualifications to meet the following necessary requirements:

  1. Experience and knowledge of third party risk management, strategic sourcing and contract management related industry guidance and benchmark for matured state.
  2. Experience and knowledge providing recommendations on technology to support operations in these areas
  3. Financial industry experience
  4. Level of Experience and Knowledge in the following tools:
    1. ServiceNow
    2. Workday
    3. Salesforce
    4. Riskonnect

 

Please include in your response that you have experience, status and/or qualifications to meet the following preferred qualities:

  1. You are a *diverse vendor (minority owned, woman owned, veteran owned, etc.).
  2. Certifications in third party risk management, strategic sourcing and contract management
  3. You are based in Chicago or you can staff some members on-site if needed.

 

*(A Diverse Vendor is defined as (a) that is more than 50% owned, controlled, and operated by one or more diverse individuals who are U.S. citizens or Legal Resident Aliens; (b) whose business formation and principal place of business are in the US or its territories; or (c) whose management and daily operation is controlled by one or more diverse owners.  The Bank identifies the following Diverse Vendor categories:

  • Minority-Owned Businesses
  • Women-Owned Businesses
  • Disabled-Owned Businesses
  • Service-Disabled Veteran-Owned Businesses
  • Non-Disabled Veteran-Owned Businesses
  • Lesbian, Gay, Bisexual or Transgender-Owned Businesses

 


 

    Prospective Vendor Submission Form

    Please fill out the form below to be added as potential vendor for future upcoming sourcing opportunities.

    Capability Statement
    Diverse Vendor?
    If applicable, Diverse Vendor Third Party Certification.
    The Bank defines the categories listed below as being “Diverse Vendors,” and encourages, but does not require, Diverse Vendors to earn a certification from a recognized third-party diversity certification agency. The Bank also accepts a formal written certification from a vendor that it meets the definition of a Diverse Vendor. Disabled-owned, minority-owned, service-disabled vet anowned, and women-owned vendors are as defined by the FHFA regulations. The Bank recognizes additional categories of vendor diversity, each of which is defined in a manner similar to those categories defined by the FHFA regulations.

     

    Governance and Control Assurance Program

    To obtain a copy of FHLBank Chicago’s Governance and Control Assurance Program document, please complete the form on our Governance page. 

    Vendor Issues

    Reporting Illegal/Unethical Activities

    To communicate concerns about possible unethical or illegal activities, please call 866.294.5579 or visit www.EthicsPoint.com and select Vendor Issues.

    Equal Opportunity in Contracting and Complaint Procedure

    Pursuant to FHLBank Chicago’s Equal Opportunity Statement, FHLBank Chicago is committed to providing equal opportunity in contracting, regardless of race, color, national origin, ancestry, religion, sex, gender identity, sexual orientation, marital status, pregnancy, status as a parent, age, disability status, medical condition, genetic information, military affiliation, veteran status, or any other status protected by applicable federal, state, or local law.

    Complaint Procedure

    FHLBank Chicago prohibits retaliation or reprisal against any party who files a good-faith complaint or other concern regarding violation of the Equal Opportunity Statement. Complaints of discrimination during any aspect of the contracting process or in the administration of a contract must be submitted to Ethics Point by calling 866.294.5579 or visit www.EthicsPoint.com and select Vendor Issues.

    The complaint should be as detailed as possible, including the name(s) of the individual(s) involved, the names of any witnesses, and any supporting documentation .

    Any reported allegations of unlawful discrimination will be investigated promptly, thoroughly, and objectively by FHLBank Chicago. Misconduct constituting unlawful discrimination will be dealt with appropriately, as FHLBank Chicago determines, depending on the circumstances.