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Economic Development Corporation (EDC)
One Liberty Plaza, 165 Broadway, 14th Floor Mailroom, New York, NY 10006
Maryann Catalano
phone: (212) 312-3969
fax: (212) 312-3918
Goods and Services
Request for Proposals

PIN#91730001 - Due: 11/13/2019 4:00 PM

New York City Economic Development Corporation (“NYCEDC”) seeks advice about the structuring of investment transactions in emerging, high-technology companies as an extension of its core focus on work development programs and its not-for-profit mission to create shared prosperity across New York City’s (the “City”) five boroughs by strengthening neighborhoods and growing good jobs.

NYCEDC invites law firms and lawyers (each, a “Respondent”) to submit proposals (each, a “Proposal”) in response to its request for proposals (the “RFP”) for the provision of on-call outside legal counsel services in connection with NYCEDC’s programs for early-stage investments in emerging growth companies and related matters (the “Services”). NYCEDC anticipates the Services to encompass various aspects of investments, including venture capital and revenue shares, and related transactional, tax and securities law matters, as necessary and appropriate to the engagement. The selected Respondents will be expected to provide the Services at such times as NYCEDC may from time to time request.

NYCEDC plans to select a Respondent on the basis of factors stated in the RFP which include, but are not limited to: the quality of the Proposal, the Respondent’s prior experience in providing services similar to the Services, the proposed fee schedule, and the Respondent’s overall expertise and organizational strength.

It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives.

Companies who have been certified with the New York City Department of Small Business Services as Minority and Women Owned Business Enterprises (“M/WBE”) are strongly encouraged to apply. To learn more about M/WBE certification and NYCEDC’s M/WBE program, please visit

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00 p.m. on Wednesday, October 30, 2019. Questions regarding the subject matter of the RFP should be directed to Answers to all questions will be posted by Wednesday, November 6, 2019, to Please submit fifteen (15) sets of your proposal.

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