NYCEDC Master Contract Economic Development, Citywide

Small Business Services

Published: Jan 21, 2026

Updated: Jun 18, 2026

Source: nyc_cityrecord

This tender has been awarded

Awarded to New York City Economic Development Corporation — $1,593,786,448

Browse open Information & Communication Technology tenders in United States

About This Opportunity

Award by Small Business Services (United States, ICT & digital): NYCEDC Master Contract. Awarded to New York City Economic Development (USD 1.6B, Jan 2026).

This is a services contract in the information and communication technology sector. 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 information and communication technology sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

In accordance with Section 3-05 of the PPB Rules SBS is awarding via Sole Source a contract to the New York City Economic Development Corporation. The services consist of providing certain City-wide economic development services to the City of New York without limitation, acting as the Citys consultant and representative in order to ensure that jobs are retained and developed in the City. EDC does operate without limitation with respective to the type of economic development description of services as the Citys liaison.

This procurement will ensure that the only local development corporation with the required experience and in-house expertise to perform on a City-wide basis. The contract in question will be for a one year term expected to commence July 1, 2025, which contract will provide that the term may be extended by the City by up to one year.Reference LL63: FY26NSBS1

DSBS has determined to award a sole source contract to EDC to perform certain City-wide Economic Dev. services for the City, EDC is the only source for the required services. DSBS advertised its intent to negotiate the above described contract in the City Record and invited any other LDC with the appropriate experience, and which believed that at present or in the future it could provide the requested services, to so indicate by letter. Sixteen (16) interests were received but neither of the interests met the needs to provide Citywide Economic Development Services. EDC has performed city-wide economic development services satisfactorily for many years and is the only LDC with the required experience and in-house expertise to perform on a city-wide basis all the services and No City agency has the experience or expertise to perform all such services.

Agency: Small Business Services

Category: Services (other than human services)

Selection Method: Sole Source

PIN: 80125S0021001

Data provenance

This notice is sourced from NYC City Record and was originally published on January 21, 2026. Last refreshed 8 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Small Business Services

Small Business Services has issued 244 procurement notices on BidsFactory, including 0 currently open and 227 awarded contracts. Activity concentrates in Education & Training, Information & Communication Technology, and Youth & Employment. All notices are published for United States. Notices are distributed via NYC City Record and NYC Open Data. Most recent publication: June 11, 2026.

Frequently asked questions about this tender

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 contract has already been awarded to New York City Economic Development Corporation. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Small Business Services 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 Information & Communication Technology sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

New York City Economic Development Corporation was awarded the contract for $1,593,786,448. The figure reflects the value disclosed by the contracting authority in the award notice.

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.