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New York City Department of Transportation Increases Contracts for Minority- and Women-Owned Businesses to 32 Percent
Jan 03, 2025•over 1 year ago
Contract Type
contract
New YorkInformation TechnologyArtificial Intelligence
Description
The New York City Department of Transportation has significantly increased the share of its contracts awarded to Minority- and Women-Owned Business Enterprises (MWBEs). It awarded 32 percent of its total contract spending in fiscal year 2024 to MWBEs, a substantial increase from previous years. In the last three years, the department has spent $432 million on 407 MWBE contracts.
Company Information
Company
New York City administration
Location
New York, New York, United States
About
The New York City Office of Technology and Innovation is leading the city’s efforts in deploying technology for the benefit of its communities, with a focus on artificial intelligence governance and implementation. The office aims to stay ahead of the curve in utilizing transformative technologies to enrich and empower every New Yorker.
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Strategic
ML-powered predictions for New York City administration's next move
New YorkInformation TechnologyArtificial Intelligence