'The State has the opportunity now to close disparities in government contracting and facilitate the economic success of communities of color.'
to improve these numbers: the City will aim to award $25 billion in contracts to M/WBEs over the next four years and $60 billion over the next eight years with a key focus on ensuring that the City’s historically marginalized M/WBEs receive a fair opportunity in competing for these contracts. To get there, he will need help.
Knowing that construction contracts are some of the biggest contracts in government and therefore an important area for impact, Mayor Adams convened a team of external experts to recommend improvements to the process by which the City builds public works.
Undoubtedly, there are important issues to tackle in this year’s budget, and we should ensure that capital process reform is among them.
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