Six Large Corporations Announce New Supplier Program (T, BAC, C, IBM, PFE, UPS)

A consortium of large businesses in a variety of industry sectors today announced a new way for small businesses to compete with greater ease to sell goods and services to global companies, potentially leading to the creation of new jobs and economic growth. AT&T T, Bank of America BAC, Citigroup C, IBM IBM, Pfizer PFE, and UPS UPS have agreed to standardize and simplify the application process required for qualified small- and mid-sized U.S. suppliers to undergo, as they compete for nearly $150 billion in contracts collectively awarded by those companies every year.