Prodded by Racial Reckoning, Colleges Aim To Increase Minority Contracting. Will They Succeed?
By Kirk Carapezza
This is part two of a two-part series on higher education and minority contracting. The read or listen to the first part here.
As the first chief procurement officer of the University of Massachusetts, David Cho centralized spending across the system’s five campuses, giving him the opportunity to analyze the diversity of its vendors.
What Cho found in that data earlier this year was admittedly not great. Like most schools, UMass has long said it’s committed to diversity and inclusion, but out of its $1 billion budget, UMass spends 2 percent on businesses owned by people of color (Read more).