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Notice Details

Title: Citywide Economic Development Services Maritime Aviation, Rail Freight, Market and Intermodal Transportation
Procurement
Small Business Services (DSBS)
New York City Economic Development Corporation
One Liberty Plaza , New York, NY, 10006
Services (other than human services)
Sole Source
1/21/2026
Award
$541,077,200.00

PIN#80125S0020001

DSBS has determined to award a sole source contract to EDC to perform certain Citywide Economic Development 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 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. Only six (6) interests was received however neither have the expertise required to perform the stated economic development services Citywide. EDC has performed similar services satisfactorily and is the only LDC with the required experience and in-house expertise to perform on a citywide basis all the services and no City agency has the experience or expertise to perform all such services.
Description

To ensure that the City’s infrastructure related to these fields is properly developed and maintained, that businesses in such fields can thrive in the City and that jobs in these fields are retained and developed. EDC has satisfactorily performed similar services and has experience and in-house expertise in the services to be performed.The contract will commence July 1, 2025 for 1 year, which contract will provide that the term may be extended by the City by up to one year.

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