MEMPHIS, Tenn., Sept. 4, 2014 (GLOBE NEWSWIRE) -- via PRWEB - "We are honored to represent the Supplier Clearinghouse as one of their certified woman business enterprises," said Jackie Thomas CFO of Power & Tel. "Their in-depth certification process ensured that we demonstrated with clear and convincing evidence that women unconditionally own 51% of our company and are responsible for the day-to-day as well as major decisions on matters of management, policy, and operations. By obtaining this certification, we can effectively meet 100% of our customer base's diversity requirements."
"We are pleased to receive this important certification by the Supplier Clearinghouse and proud to be part of a program that is committed to fostering diversity and the development of woman-owned businesses," said Jennifer Pentecost Sims, CEO of Power & Tel.
Power & Tel also holds Woman-Owned Business certifications from the MMBC (http://www.mmbc-memphis.org) and the North Carolina Department of Administration Office for Historically Underutilized Businesses (http://www.doa.nc.gov/hub/default.aspx). To view this listing, please go to: State of North Carolina Vendor Link System.
About Power & Tel
Founded in 1963, Power & Tel's extensive distribution system provides service providers and contractors a reliable source for the wide-range of products needed to build and maintain communication networks. As a value-added partner, the company also offers solutions focused on the efficient management of a supply chain - helping customers maximize their resources and reach their profit objectives. Company headquarters are located in Memphis, TN, with branch offices and distribution centers throughout the United States, Canada, Mexico, and Brazil. To learn more visit http://www.ptsupply.com or call 800-238-7514.
About the Supplier Clearinghouse
In May 1988, the California Public Utilities Commission (CPUC) issued General Order 156 (GO 156). Under GO 156, all investor-owned electric, gas, water and telecommunication utility companies with gross annual revenues in excess of $25 million and their regulated subsidiaries and affiliates, are to develop and implement programs to increase the utilization of woman and minority owned businesses. Voluntary procurement goals of 5% for women and 15% for minorities were initially established, and later expanded to include a goal of 1.5% for service-disabled veterans. The Clearinghouse is a Commission-supervised entity whose primary purpose is to audit and verify the status of WMBEs, and to establish and maintain a database of WMDVBEs that is accessible to the CPUC and to participating utilities. The Clearinghouse audit and verification program precludes the need for individual utilities to audit and verify WMBEs with whom they do business. To learn more go to http://www.thesupplierclearinghouse.com.
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