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AGENCY TESTIMONY
Initiatives to clear payment and contract registration backlogs
0:33:35
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66 sec
Kim Yu details the initiatives undertaken by MOCS, in coordination with MONS and City Hall, to address and clear payment and contract registration backlogs. These efforts aim to unlock funds for nonprofit organizations and improve the timeliness of payments.
- A multi-phase backlog initiative was launched, focusing on both aged invoices and unregistered contracts.
- The first phase cleared $1 billion in outstanding payments from 3,700 delayed invoices in three months at the end of 2024.
- An eight-week contract backlog phase unlocked over $700 million in retroactive backlog contracts for nonprofit organizations.
- Since January 2022, the contract backlog has been reduced by $5.5 billion, with efforts continuing to address the remaining $5.8 billion backlog.
Kim Yu
0:33:35
While the reforms we're advancing involve systems, policies, and data, at the at the core, they reflect something deeper, a commitment to honoring the essential role that nonprofits play in the life of this city.
0:33:48
In close coordination with Mons and City Hall, Mock's launched a multi phase backlog initiative focused on both aged invoices and unregistered contracts.
0:33:58
The first phase of the backlog cleared a billion dollars in outstanding payments from 3,700 delayed invoices in three months at the end of twenty twenty four.
0:34:09
We recently wrapped up an eight week contract backlog phase unlocking over $700,000,000 in retroactive backlog contracts for nonprofit organizations.
0:34:19
Since the start of the administration in January 2022, the contract backlog has gone down by $5,500,000,000.
0:34:28
While this is encouraging progress, we are committed to chipping away at the remaining $5,800,000,000 contract backlog and to using programs like the annual timely registration initiative to prevent a new backlog.