QUESTION
What are the funding requirements for bid development grants?
0:51:29
·
42 sec
Deputy Commissioner Calvin T. Brown explains that to receive bid development grants, an organization must be a 501(c)(3).
- Only 501(c)(3) organizations are eligible for bid development grants.
- An existing organization helps facilitate and sponsor the bid formation process.
- This facilitation includes steering committee coordination and outreach.
- Consultants may work with these organizations to advance the bid development process.
Oswald Feliz
0:51:29
And how does the funding work for that program?
0:51:32
I mean, the bids haven't been formed yet, but probably not a 51c3.
0:51:36
So which have
Calvin T. Brown
0:51:37
to be a 501c3?
0:51:38
To be a recipient of any of the grants that we receive.
Oswald Feliz
0:51:42
Right.
0:51:43
So how could that potentially help a bit How could that help form a bid when they're not?
Calvin T. Brown
0:51:49
Because usually there's an organization that is helping to sponsor who is helping to facilitate the steering committee and outreach some of those organizations, work with consultants, that can help them move the the process along.
Oswald Feliz
0:52:05
Oh, man.
0:52:05
So I guess local community board or merchant association that type.
0:52:10
Yes.
0:52:10
Got it.
0:52:11
Okay.