§ 24-10 Aggregate Contract Value Goal.
RCNY § 24-10
(a)Pursuant to subdivision g of Section 1309 of the Charter, and to the extent consistent with the budget adopted pursuant to Chapter 10 of the Charter, the following goals for the aggregate value of mentoring program contracts awarded by mentoring program agencies participating in the centralized construction mentor program are established: (1) For the first full city fiscal year following the establishment of the centralized construction mentor program, the aggregate contract value goal shall be $15,000,000.
(2)For each city fiscal year following the first full fiscal year of the centralized construction mentor program, the aggregate contract value goal shall be an amount that is 25% greater than the goal established for the immediately preceding fiscal year, provided that such annual goal shall not exceed $150,000,000 in aggregate contract value.
(b)For purposes of this section, the aggregate value of mentoring program contracts shall include the total dollar value of all designated contracts awarded by mentoring program agencies pursuant to the centralized construction mentor program during the applicable city fiscal year. (Added City Record 5/19/2026, eff. 6/18/2026)
