About Fannie Mae
Fannie Mae is committed to diversity in our supplier base, as evidenced by the millions of dollars we directly award to diverse suppliers annually.
Diverse suppliers must provide proof of diversity status in their supplier profile within our supplier management system, ProcureOne. Upload your completed certification within your ProcureOne supplier profile in the credentials tab, under "add diversity credentials". Additional instructions can be found in this guide.
Tier II Program Reporting Requirements
Fannie Mae requires that suppliers who participate in the 2nd Tier Program submit performance reports detailing purchasing data covering spend with the following supplier classifications:
- Non-Diverse Suppliers
- Minority-owned Business (MBE)
- Woman-owned Business (WBE)
- Veteran-Owned Business (VET)
- Service-Disabled Veteran-Owned Business (SDVET)
- Lesbian Gay Bisexual Transgender owned business (LGBT)
- Disabled-Owned Business (DISABLED)
- HUBZONE Business (HUBZONE)
- Small Business (SMALL)
- Historically Black Colleges and Universities (HBCU)
- Disadvantaged Business Enterprise (DBE)
- Women Owned Small Business (WOSB)
- Economically Disadvantaged Woman-Owned Business (EDWOSB)
- SBA 8A (8A)
Would reporting your travel expenses qualify as subcontracting?
If the contract with your travel agency is exclusively, to support the work you do for Fannie Mae, the spend and contracts can be reported as subcontracting.
Fannie Mae Terms and Definitions for reporting:
DIRECT SPEND – Third parties with whom you directly contract specifically to provide goods and services support work you do for Fannie Mae’s business.
NON-DIVERSE – suppliers that are large businesses and do not have any diversity status tied to them.
SUBCONTRACTOR (Tier 2): A supplier that enters into a contract with a prime contractor (tier 1) of Fannie Mae specifically to provide goods and/or services to that prime contractor (tier 1) for the benefit of Fannie Mae.
Provide the below data* for each subcontractor with the following 4 data fields:
Contracts entered into during the current reporting year (i.e., effective date in current reporting year) would be counted as “Entered Into” for subsequent quarters of the reporting year.
Contract Entered Into Count – Number of active contracts.
Contract Entered Into Spend – Amount paid to subcontractor during reporting quarter.
Contracts entered into prior to the reporting year (i.e., effective date is not in current reporting year) would be counted as “In Place” for every quarter of the reporting year.
In Place Contract Count – Number of active contracts.
In Place Contract Spend – Amount paid to subcontractor during reporting quarter.
Please note, active contracts should be reported every quarter, regardless of spend. Each active contract can only be counted as “in place” or “entered into”, not both.
TO LEARN MORE ABOUT HOW TO REPORT, YOU CAN VIEW THE SUBCONTRACTOR USER GUIDE AND SEE REAL EXAMPLES ON HOW THE DATA SHOULD BE ENTERED. PLEASE CLICK HERE TO VIEW THE EXAMPLES.
*This is required for each reporting period for both diverse and non-diverse subcontractors.
Fannie Mae Tier2 Survey Question:
- Did you use subcontractors (third party firms), in support of your work for Fannie Mae for the current reporting period?
Reports must be submitted quarterly on the following dates:
- Quarter 1 (January 1 - March 31):
- Period opens April 1st
- Reports due by April 14th
- Quarter 2 (April 1 - June 30):
- Period opens July 1st
- Reports due by July 14th
- Quarter 3 (July 1 - September 30):
- Period opens October 1st
- Reports due by October 14th
- Quarter 4 (October 1 - December 31):
- Period opens January 1st
- Reports due by January 14th
*Please access your UniTier account to learn of any changes made to your customer's reporting due dates