The Public-Private Impact Initiative offers an ongoing opportunity to partner with NYCEDC on innovative and impactful projects for the people and businesses of New York City.
Since its inception, New York City Economic Development Corporation (“NYCEDC”) has leveraged a wide range of public-private partnerships to help make New York City a better place to live and work. Some of these partnerships were driven by economic trends and rapid technological advancement, while others were developed in response to natural disasters and public health crises. Regardless of the impetus, NYCEDC has always relied on its deep ties to private and non-profit partners to craft thoughtful solutions to pressing problems. As new challenges arise and the City’s priorities evolve, NYCEDC remains open to innovative and impactful project ideas and ways of working with outside partners to seize future opportunities.
In an effort to catalyze the development of projects that advance NYCEDC’s strategic priorities, NYCEDC is issuing this unique Request For Expressions of Interest (“RFEI”) to facilitate submission and review of partnership ideas that fall outside the scope of NYCEDC’s other active solicitations. Through this RFEI, private sector and non-profit organizations can propose NYCEDC partnerships for a wide variety of projects, which may include but are not limited to:
- Programmatic initiatives
- Technology pilots
- Capital projects
- Impact investment opportunities
- Improvements to NYCEDC operations
NYCEDC encourages respondents (“Respondents”, each a “Respondent”) to propose creative, economically viable and financially sustainable projects that directly benefit the people and businesses of New York City. Although NYCEDC may be able to provide limited amounts of targeted seed capital to initiate a project with a demonstrated need, this RFEI is primarily focused on sourcing proposals that thoughtfully leverage NYCEDC’s in-kind, non-financial resources to drive impact. Examples of resources that Respondents could benefit from include but are not limited to:
- Access to NYCEDC asset(s)
- Marketing and publicity support
- Technical assistance and project management support
- Community and network building assistance
- Targeted seed capital (in exceptional cases)
- Other types of strategic partnership support
Proposals submitted through this RFEI will undergo a tiered evaluation process, allowing NYCEDC to provide feedback on the project concept before either party has committed to an in-depth due diligence process. Strong proposals may then be implemented in a variety of ways depending on the nature of the idea, availability of resources, and NYCEDC procurement policies. Respondents may be awarded a contract directly through this RFEI, a subsequent competitive procurement or an alternative partnership structure.
NYCEDC plans to select a consultant(s) on the basis of factors stated in the RFEI which include, but are not limited to the submission’s Proposal Profile, Financial Profile and Impact Profile.
Before submitting a proposal, potential Respondents can reference the materials listed below to better understand how their ideas relate to NYCEDC’s strategic priorities, ongoing economic development activities and available resources.
- Strategic Priorities List–NYCEDC will maintain a list of key focus areas, highlighting where it would be particularly interested in exploring partnership opportunities, to serve as inspiration and guidance for proposal providers. This living list, which NYCEDC expects to evolve over time, can help potential Respondents strengthen their ideas by aligning their proposals with NYCEDC’s impact goals.
- NYCEDC Asset Database–This database includes high-level information on NYCEDC assets that are available for use in a variety of capacities. Proposal providers may submit ideas that request use of one or more assets listed in this database. Potential asset-focused proposals could range from technology pilots, management services, redevelopment projects and other public private partnership arrangements.
For more resources, refer to the RFEI document.
Optional Info Session/Optional Site Visit
An optional information session will be held virtually (with telephonic access) at the following time: Thursday, May 6th, 2021 at 12:00 p.m. E.S.T.
Those who wish to attend a session should RSVP by email to [email protected] no later than 4:00 p.m. E.S.T. Wednesday, May 5th, 2021. Meeting information will be emailed to those who RSVP for the session.
NYCEDC reserves the right to host additional information sessions in the future. Any additional information sessions will be announced on the NYCEDC web page.
Potential Respondents may submit questions and/or request clarifications from NYCEDC on a rolling basis beginning on April 19th, 2021. Questions and clarification requests should be directed to [email protected].
NYCEDC will post answers to questions received between April 19th, 2021 and May 15th, 2021 on the NYCEDC web page by May 28th, 2021.
After the initial May 28th, 2021 posting, NYCEDC will post answers to questions every three months (the “Rolling Three-Month Q&A period”) by the final business day of every third month. To have questions answered in NYCEDC’s next website posting, potential Respondents must submit their questions by the 15th of the third month of the Rolling Three-Month Q&A Period.
Note: NYCEDC may update the list of questions and answers on the web page more frequently.
Detailed submission guidelines and requirements are outlined in the RFEI, available as of Monday, April 19, 2021. Submissions will be accepted and reviewed on a rolling basis. The monthly Submission Deadlines will be on the last business day of each month at 11:59 p.m. E.S.T. RESPONSES ARE DUE NO LATER THAN Friday, December 30, 2022.
When uploading your response, please submit all documents in a single zip file labeled with your company name. Please note that Chrome Browser is the preferred method to upload your electronic responses to the current procurement.
It is the policy of NYCEDC to comply with all federal, state and City laws and regulations which prohibit unlawful discrimination because of race, creed, color, national origin, sex, age, disability, marital status and other protected category and to take affirmative action in working with contracting parties to ensure certified Minority and Women-owned Business Enterprises (MWBEs) share in the economic opportunities generated by NYCEDC’s projects and initiatives.
Companies who have been certified with the New York City Department of Small Business Services as Minority and Women Owned Business Enterprises (“M/WBE”) are strongly encouraged to apply. To learn more about M/WBE certification and NYCEDC’s M/WBE program, please visit http://edc.nyc/opportunity-mwdbe.
Because NYCEDC’s projects are generally funded with public funding sources, working with NYCEDC on many of our projects requires the completion and submission of certain forms and documents. Click here to register with PASSPort, a database of information of vendors who do business with NYC, learn how to obtain proof of insurance, download Doing Business Accountability project forms, and more.