Mayor Bill de Blasio Aims to Raise M/WBE Noncompetitive Small Purchase to $1 Million

Mayor Bill de Blasio announces new procurement law for NYC MWBEs

New York, NY—On March 21, early in the afternoon, NYC Mayor Bill de Blasio announced his plan to convince New York State legislatures to help raise the City’s Minority and Women-owned Business Enterprise (M/WBE) Noncompetitive Small Purchase vehicle to a ceiling of $1 Million. This would substantially eclipse the current vehicle’s spending limit of $150,000 per purchase.

“We’ve made big strides investing in minority and women-owned businesses,” de Blasio says, “We can go even further with Albany’s help.”

QED National President Colleen Molter experienced the breaking news first hand, gathered alongside other leaders in the NYC and NYS M/WBE community. As a member of the City of New York’s MWBE Advisory Council and co-chair of NYC Department of Education’s Career and Technical Education (CTE) IT Commission, Colleen joins her colleagues in supporting this effort.

“I knew the Mayor’s announcement would be important,” Molter says, “But I didn’t realize it would be this important. Frankly, we appreciate this level of support and would love to see it happen. It’s now up to us and the community to make it happen.”

Watch de Blasio’s full announcement here: