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AGENCY TESTIMONY
Success in MWBE procurements
0:08:27
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33 sec
Fraser highlights OTI's success in promoting and contracting with Minority and Women-owned Business Enterprises (MWBEs) during the fiscal year 2024.
- OTI processed 246 MWBE procurements totaling more than $83.4 million in contracts
- The agency made the most frequent use of the MWBE noncompetitive small purchasing method among all city agencies
- These efforts capitalize on recent citywide policies and initiatives to diversify the businesses receiving city contracts
Matthew C. Fraser
0:08:27
Before I get into the budget numbers, I want to highlight OTI's success in promoting minority women owned business enterprises.
0:08:35
In fiscal year twenty twenty twenty four, OTI processed 246 MWB procurements totaling more than 83,400,000.0 in contracts.
0:08:45
We also made the most frequent use of any agency of the MWB noncompetitive small purchasing method capitalizing on the evolution of citywide policies and initiatives in recent years to diversify the business and business owners receiving contracts in the city.