Lingual Information System Technologies, Inc. (dba LG-TEK)
Master Subcontract & Supplier Diversity Corporate Plan
Fiscal Years 2010 - 2015

Tracking Progress

LG-TEK strives for continuous improvement by reviewing bi-annually the effort-based indicators and year-end results. LG-TEK will periodically reposition supply strategies to adopt leading practices identified in the supply chain management process.

Goals

The Supplier Diversity Corporate Plan expresses LG-TEK’s commitment to the SB/SDB/WOSB/ VOB/SDVOSB/HUB-Zone/ HBCU/MI community. Although exempt from mandatory compliance for participation with the Small Business Act, LG-TEK will establish annual goals that represent the maximum practicable opportunity for SB/SDB/WOSB/VOB/SDVOSB/HUB-Zone/CBU/ MIs to participate in the performance of contracts to further its business and competitive interests.

The goal for each SB/SDB/WOSB/ VOB/SDVOSB/HUB-Zone/HBCU/MI category is expressed as a percentage of the estimated total contract values for the fiscal year. Starting with fiscal year 2007, and each subsequent fiscal year through 2010, the goal will be assessed on the following factors:

• Historical achievements in each business category;
• Current Commodity Strategies (A holistic view of sourcing commodity plans for products and services to obtain the financial, operational, and public policy goals outlined in the LG-TEK’s Transformation Plan); and
• Estimated total dollar values of all prime contracts to be awarded in the fiscal year.

Data Collection and Reporting

Suppliers are classified at the prime and subcontracting (2nd-tier) levels within a socio-economic category. LG-TEK will continue to collect and report results through tracking the following:

• Total number of transactions (contract awards and modifications);
• Total dollar amount of transactions;
• Number of transactions with SB/SDB/WOSB/VOB/ SDVOSB/HUB-Zone/HBCU/MI;
• Prime Supplier SB/SDB/WOSB/VOB/SDVOSB/HUB-Zone/HBCU/MI commitments and spend; and
• Subcontracting (2nd-tier) spend with SB/SDB/WOSB/ VOB/SDVOSB/HUB-Zone/HBCU/MIs.

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