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Notice Details

Title: Citywide Economic Development Services
Procurement
Small Business Services (DSBS)
New York City Economic Development Corporation
ne Liberty Plaza , New York, NY, 10006
Dolly Del Rosario
phone: (212) 513-6321
email: DROSARIO@sbs.nyc.gov
Services (other than human services)
Sole Source
1/15/2025
Award
$977,673,950.00

PIN#80124S0027001

DSBS has determined to award a sole source contract to EDC to perform certain City-wide Economic Dev. services for the City, EDC is the only source for the required services. DSBS advertised its intent to negotiate the above described contract in the City Record from March 11 - March 18th, 2024 and invited any other LDC with the appropriate experience, and which believed that at present or in the future it could provide the requested services, to so indicate by letter. One (1) interest was received but did not meet the needs of the scope to perform Citywide Economic Development Services. EDC has performed similar services satisfactorily and is the only LDC with the required experience and in-house expertise to perform on a city-wide basis all the services and No City agency has the experience or expertise to perform all such services.
Description

The services consist of providing certain City-wide economic development services to the City of New York without limitation, acting as the City’s consultant and representative in order to ensure that jobs are retained and developed in the City.

This procurement will ensure that the only local development corporation with the required experience and in-house expertise to perform on a City-wide basis. The contract in question will be for a one year term expected to commence July 1, 2024, which contract will provide that the term may be extended by the City by up to one year.

LL63 REF #: FY25NSBS1

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