Despite recent efforts by New York City's education department to improve contracting opportunities for minority- and women-owned businesses (M/WBEs), progress has been minimal. A year after procurement rule changes were implemented to increase contracts, statistics reveal that only 6% of $34.6 billion in city contracts were awarded to M/WBEs, with less than 2% going to Black, Asian American, Hispanic, and Native American-owned enterprises. Business owners are frustrated by the slow implementation of these changes by the comptroller's office, which has impeded growth opportunities for minority vendors.
"Despite having one of the nation's most diverse community of business owners, these findings frustratingly show that M/WBEs have fewer city dollars in their collective pockets than at the start of the Adams administration."
"We never received an answer as to why the changes approved by the Panel for Educational Policy haven't been implemented, which has left many vendors in limbo."
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