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AGENCY TESTIMONY
MWBE utilization in TLC contracts
4:15:04
ยท
75 sec
Commissioner Do highlights TLC's commitment to ensuring vendor diversity through the Minority and Women-Owned Business Enterprises (MWBE) program.
- TLC's current fiscal year 2025 MWBE utilization rate is 67%, or about $1.5 million in MWBE contracts.
- The agency is confident it will reach a utilization rate near last year's percentage by June 30.
- TLC's MWBE utilization goal is 60%, well above the city's goal of 30%.
- MWBE vendors were procured for services to upgrade licensing systems and revise educational course curriculum.
- The agency views these contracts as contributing to advancing equity in the city.
David Do
4:15:04
The current inspection facility remains operational while the new construction is underway.
4:15:10
Across all of TLC's projects, the agency is committed to ensuring that vendors reflect the diversity of New York City.
4:15:16
The minority and women owned business enterprises program expands opportunities for local entrepreneurs to access government contracts and grow their business.
4:15:26
TLC's current fiscal year twenty twenty five MWBE utilization rate is 67% or about 1,500,000 in MWBE contracts, which reflects that we're only mid year through the fiscal year.
4:15:40
I'm confident that by June 30, TLC will reach a utilization rate very near the same percentage of last year.
4:15:48
The number reflects utilization for eligible contracts, which do not include intergovernmental contracts or requirement contracts.
4:15:55
That being said, we're still at our agency's goal for MWBE utilization which is 60% and far above the city's goal of 30%.
4:16:04
MWBE vendors were procured for services required to upgrade our licensing systems through the agency's TLC Connect project and revised our educational course curriculum.
4:16:15
Through all of these contracts we're contributing to advancing equity in our city.