Legislation To Provide More For Minority Women Doing Business in NYC

By: C. Harrison/June 28, 2015/2:25AM

A new legislative bill (S5924A) introduce by James Sanders Jr. D (Rochdale Village) is set to increase opportunities for Minority and Women Owned Business Enterprises and spur the creation of sustainable small businesses and job. Assembly member Rodneyese Bichotte  (D Brooklyn), will carry the bill (A8044A) in the Assembly.

The Legislature expanded the State’s General Municipal Law, thus creating additional procurement opportunities for M/WBE.

The expansion includes:

⋅ Increases the City’s M/WBE discretionary spending of small purchase threshold from $100.000 up to $200.000.

⋅ Allows M/WBE status to b e a factor in “best value” awards.

⋅ Establishes capacity building programs for the benefit of State or Local M/WBE certified firms business in New York City.

⋅ Permits pre-qualified lists for purchase contracts in addition to public works contracts.

“We can battle the tale of two cities by ensuring opportunity equality and an even playing field and that is what this bill insists upon,” said Senator Sander.  “Working with those committed to social justice and economic opportunity such as Assembly member  Bichotte has been invigorating.”

The Bill will amend the New York City Charter to authorize the City’s Procurement Policy Board to provide by the ruled above enhancement.