ADMINISTRATION of the new york city medallion relief program

Taxi and Limousine Commission

Published: Jul 12, 2021

Updated: Jun 19, 2026

Source: nyc_cityrecord

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About This Opportunity

ADMINISTRATION of the new york city medallion relief program — services contract awarded in United States by Taxi and Limousine Commission. Published 2021.

This is a services contract in the construction and civil works, information and communication technology and legal services sectors. Located in United States, North America, this opportunity is open to firms and consortiums.

Published through NYC City Record, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the construction and civil works sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This is a shortlist announcement indicating that firms have been pre-selected for the next phase of the procurement process.

Description

The New York City Taxi and Limousine Commission (TLC) intends to enter into a Negotiated Acquisition agreement with the New York Business Development Corporation to manage the Citys Medallion Relief Program. The immediate issuance of relief payments is necessary to stabilize the medallion taxi industry, mitigate serious danger to this essential transportation service, and stimulate the industrys recovery from the pandemic. Medallion owners are burdened with taxi medallion loans they are unable to pay. Market share and earnings are on a downward trend, which has given rise to an unsustainable imbalance between medallion loan payments and cash flow from the operation of a taxi medallion. Conditions have worsened during the pandemic and there was an unforeseen halt in trips in the Manhattan Central Business District and at airports, which is the core foundation of the taxicab industry. Relief is urgently needed to address the imbalance between outstanding medallion loan payments, and the actual earnings from the operation of a taxi medallion. The relief to medallion owners will help them address this imbalance by renegotiating the terms of medallion loan agreements with lenders. With financial support and free legal service from the TLCs Owner/Driver Resource Center, medallion owners will have the tools needed to bring their medallion debt burden to a sustainable level, which in turn will put more taxis on the road to serve the public with safe and essential transportation.

It is not practicable and/or advantageous to award a contract by competitive sealed bidding or competitive sealed proposals due to a compelling need for services that cannot be timely met through those procurement methods.

Agency: Taxi and Limousine Commission

Category: Services (other than human services)

Selection Method: Negotiated Acquisition

PIN: 156 22P00023

Data provenance

This notice is sourced from NYC City Record and was originally published on July 12, 2021. Last refreshed 5 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Taxi and Limousine Commission

Taxi and Limousine Commission has issued 42 procurement notices on BidsFactory, including 0 currently open and 39 awarded contracts. Activity concentrates in General Supplies & Services, Information & Communication Technology, and Education & Training. All notices are published for United States. Notices are distributed via NYC City Record. Most recent publication: April 3, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in United States. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit NYC City Record to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contracting authority has selected an awardee for this notice. The record is kept for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Taxi and Limousine Commission in United States. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Construction & Civil Works sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.