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Notice Details

Title: IBSP Next Street NAQ Extension - Manhattan
Procurement
Small Business Services (DSBS)
Procurement
NEXT STREET FINANCIAL, LLC
75 Broad Street Suite 702, New York, NY, 10004
Services (other than human services)
Negotiated Acquisition
1/25/2024
Award
$130,000.00

PIN#80123N0004001

This negotiated acquisition extension allows the agency to continue services with the existing service provider who has the capability and knowledge of the services to be provided while the new RFP solicitation is being processed.
Description

Recognizing the importance of the industrial sector to New York City’s economy, the City created a program to deliver services to Industrial Businesses operating in the City’s Industrial Business Zones (IBZ). Next Street Financial LLC is our Industrial Business Service Provider for Manhattan. The provider assists industrial businesses start and growth in NYC and connects industrial businesses to financing opportunities in order to launch and grow their business, money saving incentives, navigate government rules and regulations and connect them to recruitment and training programs. These services will reinforce the City’s efforts to support the industrial and manufacturing sector by responding to current and evolving needs while providing the conditions and resources to enable the sector to further grow and advance. 

This NYC Industrial Business Solutions Program Negotiated Acquisition Extension will allow SBS to extend the current contract for an additional one (1) year from July 1, 2023 through June 30, 2024, and enables the IBSP provider to continue to deliver business services and also allows the agency adequate time to prepare and release a new solicitation for such services.

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