Definition of Minority- and Women-Owned Business Enterprise
Proposed Rules: Closed to Comments
STATEMENT OF BASIS AND PURPOSE OF PROPOSED RULES
New York City’s Minority-and Women-Owned Business Enterprise (M/WBE) program was established to enhance the ability of M/WBEs to compete for city contracts, to enhance city agencies' awareness of such business enterprises, and to ensure their meaningful participation in city procurement. The City’s M/WBE Program was signed into law by New York City Local Law 129 of 2005, and was later expanded by New York City Local Law 1 of 2013 (Local Law 1). PPB is proposing to amend Chapter 1 of Title 9 of the Rules of the City of New York to clarify the definition of an M/WBE as per Local Law 1. This clarification will avoid any confusion about other similar certifications for M/WBE’s.
The authority for PPB to promulgate these rules is found in sections 311 and 1043 of the New York City Charter.