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This Special Notice opportunity from New York was posted on May 21, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Financial Empowerment Center Services

Closed
20260514026State & Local

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The New York City Department of Consumer and Worker Protection is seeking approval for a Negotiated Acquisition contract with RiseBoro Community Partnership to maintain critical Financial Empowerment Center services. This non-competitive agreement is necessary to prevent service gaps in providing free, professional, and confidential one-on-one financial counseling and coaching, as the agency determined that a standard competitive bidding process would be impractical given the urgent timeline and limited vendor availability. The proposed contract is valued at 1,380,000 dollars, broken down into annual payments of 460,000 dollars, with a term running from July 1, 2026, through June 30, 2029. This arrangement serves as a bridge to ensure continuity of care while the department develops a comprehensive Competitive Sealed Proposal solicitation for all Financial Empowerment Center Program contracts, a process estimated to take between 18 and 19 months.

General Info

NYC DCWP contract with RiseBoro for financial counseling, $1.38 million, 2026 to 2029.

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Timeline

PhaseClosed
Posted

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Submission Closed

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Organization & Contact Information

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AgencyNew York → Consumer And Worker Protection
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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In accordance with PPB Rule Section 3-04(b)(2)(i) and (ii), the NYC Department of Consumer and Worker Protection (DCWP) is requesting CCPO approval to enter into a Negotiated Acquisition (NA) contract with RiseBoro Community Partnership for uninterrupted continuance of critical Financial Empowerment Center services. The ACCO has made a determination that it is not practical or advantageous to award a contract for these services by Competitive Sealed Bid (CSB) or Competitive Sealed Proposal (CSP) because there is a time-sensitive situation, and there are a limited number of vendors available and able to perform the work.


Given the need for continued services by 7/1/2026, there is a time-sensitive situation to retain a vendor quickly because DCWP has decided, upon the direction issued by MOCS, not to renew the existing contract in the best interest of the City. Pursuant to PPB Rule Section 3-04(b)(2)(i)(C), to ensure there are no gaps in services to provide free, professional, confidential, and individual one-on-one financial counseling and coaching services for the critical Financial Empowerment Center by 7/1/2026, DCWP is proposing to proceed with a non-competitive NA with RiseBoro Community Partnership for the amount of $1,380,000 ($460,000 annually) with a contract term of 7/1/2026  6/30/2029. DCWP is currently working on a CSP solicitation with a service start date of 7/1/2029 for all NYC Financial Empowerment Center Program contracts. Proceeding with the suggested non-competitive NA would bridge the gap while DCWP completes that Competitive Sealed Proposal solicitation. DCWP estimates that an award for these services procured via Competitive Sealed Proposal would take approximately 18-19 months to complete.
PIN: 86626N0002

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