§ 4-02 Transactions with an Original Value of More Than 3 Million Dollars.
RCNY § 4-02
A Transaction with an original value of more than 3 million dollars must include a Community Hiring Goal as set forth in this section. a. Community Hiring Goals for Transactions for Building Service Work.
1.Community Hiring Goal. For each Transaction involving Building Service Work, the Community Hiring Goal is for 30 percent of Building Service Opportunity Labor Hours to be performed by Residence-Based Community Hires as defined in subdivision a of 74 RCNY § 2-01.
2.Alternative Goal Setting Method. Where setting a goal based on the percentage of Building Service Opportunity Labor Hours to be performed by Residence-Based Community Hires is not feasible for a Transaction for services subject to this subdivision, the Mayoral Agency, in consultation with the Director, may set a Community Hiring Goal for a specified percentage of Building Service Opportunities to be filled by Residence-Based Community Hires.
3.Absorption Hires. In calculating the Community Hiring Goal applicable to a Transaction involving Building Service Work, neither the Building Service Opportunity Labor Hours performed by Absorption Hires nor the Building Service Opportunities filled by Absorption Hires shall be considered. b. Community Hiring Goals for Transactions for Construction.
