Over the past five years, Scott M. Stringer, NYC Comptroller, Office of Diversity Initiatives, has spearheaded an agency-by-agency review of MWBE spend in New York City, with the Office of Diversity Initiatives. “MWBE Making the Grade Publication: New York City Agency Report Card on Minority- and Women-Owned Business Enterprises” reports on the progress made in 2019 and the history of supplier diversity in NYC. All agencies either matched or improved their status from previous years; yet, Stringer states that there is much room for improvement.
Here is the core challenge from the article:
Programs that expand these businesses’ opportunities in public procurement not only create a more equitable economy, they also drive competition and save taxpayer dollars in the long term. New York City’s efforts to buy more goods and services from minority- and women-owned businesses (M/WBEs) were established 30 years ago and continue today …
