New York, NY – In a new report, New York City Comptroller Brad Lander revealed that Mayor Eric Adams’ Administration consistently exploits city contract extensions, Déjà Vu All Over Again: NYC’s Over-Reliance on Extension Contracts. Negotiated Acquisition Extensions (NAEs), authorized under the Procurement Policy Board (PPB) Rules, are meant to be short-term bridge agreements to keep vital services flowing until the City can bid for new contracts. Instead, the City uses NAEs to delay new contracts, forcing service providers, especially...
New York, NY – Today the Office of New York City Comptroller Brad Lander released its monthly update to the Department of Correction (DOC) Dashboard. “Each month, our dashboard captures the Adams Administration’s mismanagement of the City's correction facilities,” said New York City Comptroller Brad Lander. “Despite reporting a marginal decrease in jail populations, slashings and stabbings are up. The Administration’s negligence is a systemic failure that endangers incarcerated people and staff and the City must address this growing crisis.” This week, Comptroller...
A Message from the Comptroller Dear New Yorkers, Did you miss us?! New York City’s conflict-of-interest laws prohibit elected officials from sending out communications during a “blackout period” in advance of an election when they’re on the ballot, so we haven’t been able to e-mail you our monthly Economic Newsletters and Spotlights since March. (We take the rule-of-law very seriously over here). If you missed them, you can check out the Spotlights from those months on Student Loans and the...
New York, NY — Statement from New York City Comptroller Brad Lander, in response to Tesla (TSLA) setting a date for its next annual shareholder meeting, following investor demands to fulfill its obligation: “Tesla’s announcement of its annual shareholder meeting is a welcome, if belated, recognition that the rule of law applies to everyone—even the world’s richest man and his company. The basic corporate governance rules are not optional; they are fundamental protections for shareholders and public markets. Together with other long-term investors, we will remain vigilant and hold Tesla accountable to...
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