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AGENCY TESTIMONY
Procurement statistics and the significance of human services spending
0:05:14
ยท
43 sec
Lisa Flores presents key procurement statistics for New York City, highlighting the significant role of human services contracts in the city's overall spending. She emphasizes the growth in human services procurement since the pandemic and its importance to the city's operations.
- In FY '24, NYC awarded over $34 billion in city contracts, a 16% decrease from the previous year
- Human services accounted for 58% of total procurement, nearly $20 billion, a 5% increase from the previous year
- Human services spending has increased by 147% since the pandemic, underscoring its growing importance
Lisa Flores
0:05:14
In FY '24, New York City awarded over 34,000,000,000 in city contracts for goods, services, and construction, representing a 16% decrease in comparison to the previous fiscal year when the city awarded over $41,000,000,000 worth of contracts.
0:05:28
Of the $34,000,000,000 human services accounted for 58% at nearly $20,000,000,000 representing a 5% increase in comparison to the previous fiscal year when the human service sector accounted for $18,900,000,000 representing 46% of the total procurement spending.
0:05:45
Human services remains a cornerstone of the city's procurement system, increasing 147 since the pandemic.
0:05:52
Our nonprofit partners are essential to the delivery of critical service to thousands of New Yorkers.