Int. No. 262
By Council Members Menin, Won, Williams, Hanif, Brewer, Stevens, Ung, Farías, Abreu, Krishnan and Nurse
A Local Law to amend the administrative code of the city of New York, in relation to letter grades for achieving agency participation goals regarding minority and women-owned business enterprises
Be it enacted by the Council as follows:
Section 1. Subdivision h of section 6-129 of the administrative code of the city of New York is amended by adding a new paragraph (3) to read as follows:
(3) The division shall develop and establish a letter-grading system for each agency based on each such agency’s level of achievement of the participation goals established in each such agency’s utilization plan submitted pursuant to subdivision g of this section, and an evaluation by the division of each such agency’s overall engagement with MBEs and WBEs. Letter grades for each such agency’s performance during the previous fiscal year, as well as a brief explanation of the methodology and findings used to determine each such grade, shall be issued and published on the division’s website annually.
§ 2. This local law takes effect 180 days after becoming law, except that the commissioner of small business services shall take all actions necessary for its implementation, including the promulgation of rules, before such effective date.
CP
LS #7354
4/4/22 3:57 PM