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Notice Details

Title: FY25-WE NYC-Master Money (Credit & Funding) NAE
Procurement
Small Business Services (DSBS)
Procurement
Business Outreach Center Network Inc.
85 South Oxford Street 2nd Floor, Brooklyn, NY, 11217-1607
Services (other than human services)
Negotiated Acquisition
5/20/2025
Award
$118,492.00

PIN#80125N0012001

A 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 current RFP request is being processed.
Description

The Agency is exercising Negotiated Acquisition option to extend the contract to provide Funding Workshops, Credit Workshops, and 1-on-1 Credit Counselling to Women Entrepreneurs in New York City. Women Entrepreneurs NYC (WE NYC) is the first municipal program in the country to address. the entrepreneurship gender gap by offering a comprehensive set of business services tailored to the needs of women in underserved communities. Currently, the WE NYC suite of services include workshops and counseling sessions designed to build skills, knowledge and confidence; small group mentoring; networking events; and financing and legal assistance. All these services have the goal of helping pre-start-up clients launch their businesses and helping the proprietors of existing businesses grow their revenues.

The negotiated acquisition extension will allow SBS to extend the current contract for an additional one (1) year from July 1, 2024, through June 30, 2025, and allow the current provider BOCNET to continue to deliver workshops to help women entrepreneurs master critical skills. 

The Department of Small Business Services is exercising a Negotiated Acquisition Extension in accordance to Section 3-04 (b)(iii) of the Procurement Policy Board Rules.
 

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