Outreach effort aims to detail how the City will issue $16 billion in contracts to M/WBEs and award 30 percent of dollar amount of City contracts to M/WBEs By 2021
Mayor Bill de Blasio’s Office of Minority- and Women-owned Business Enterprises and the Department of Small Business Services (SBS) will host an M/WBE Open House on Thursday, December 8 in the Bronx. The event will detail the City’s commitment to issue $16 billion in contracts to Minority- and Women-owned Businesses across all boroughs.
Mayor de Blasio has set a bold, new goal of awarding 30 percent of the dollar amount of all City contracts to M/WBEs by 2021. Since taking office, the City has reached an all-time high of 4,500 M/WBEs certified to contract with the City, half way to reaching 9,000 certified firms by 2019.
The City has awarded a total of $3.54 billion to M/WBEs since the program’s inception in 2015, and in FY 2016, the City’s combined prime and subcontract M/WBE utilization was 14.3 percent, up from 8 percent in FY 2015, representing a 6.3 percent increase in utilization.
Event attendees will also have an opportunity to learn about upcoming bids for City projects and to network with other businesses. Senior City Hall staff and City agency representatives will be available to speak directly with business owners and answer questions.
WHEN: Thursday, December 8, 2016
4:00PM – 7:00PM
WHERE: Lehman College, Music Building
250 Bedford Park Boulevard West
Bronx, NY 10468
Businesses can register online at bxmwbeopenhouse.eventbrite.com
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