Department of Small Business Services, FY 2021
October 18, 2021
M/WBE Letter Grade
Letter Grade Overview
The Department of Small Business Services had $5.4 million in total M/WBE-eligible spending, with 7% on construction, 48% on professional services, 44% on standard services, and 2% on goods. SBS received a C grade, earning an A grade with African Americans, an A grade with Asian Americans, an F grade with Hispanic Americans, and an F grade with women-owned firms. In FY 21, SBS spent $2.9 million with M/WBEs, a decrease of $266,469 since FY 20. This represents 53% M/WBE spending, a 6 percentage point increase in its M/WBE share since FY 20. When compared with FY 14, SBS decreased their spending by $120,006, which represents a 43 percentage point increase in M/WBE spending.
About SBS
The Department of Small Business Services (SBS) makes it easier for businesses in New York City to form, operate, and grow by providing direct assistance to business owners, fostering neighborhood development in commercial districts, and linking employers to a skilled and qualified workforce.
http://www1.nyc.gov/site/sbs/about/doing-business-with-sbs.page
Agency Fiscal Year 2021 Spending within Local Law 174*
| African American | Asian American | Hispanic American | Women | Non M/WBE | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| $ | % | $ | % | $ | % | $ | % | $ | ||
| Construction | $0 | 0.00% | $0 | 0.00% | $0 | 0.00% | $0 | 0.00% | $376,468 | |
| Professional Services | $538,487 | 176.49% | $1,517,432 | No Goal | $21,290 | 9.17% | $101,288 | 10.69% | $405,012 | |
| Standard Services | $435,792 | 128.55% | $2,727 | 1.17% | $0 | 0.00% | $187,421 | 27.06% | $1,741,332 | |
| Goods < $100K | $24,151 | 408.61% | $15,528 | 147.36% | $23,175 | 329.43% | $380 | 1.25% | $36,269 | |
| Total LL174 Spending | $998,429 | $1,535,687 | $44,465 | $289,089 | $2,559,081 | |||||
| Weighted Grade | A | A | F | F | N/A | |||||
$ = the dollar amount spent in the Local Law 174 eligible category. % = the percentage of the Local Law 174 target that was achieved.
* Letter grades are calculated using a weighted average of agency spending across population groups and sectors. All dollars and percents are based on Local Law 174 and exclude categories described in Appendix D: Methodology. For a complete worksheet detailing how this agency grade was calculated, see Appendix B: Worksheets.
M/WBE Letter Grade Worksheet
| Category | C | PS | SS | G |
| African American (AFA) | 8% | 12% | 12% | 7% |
| Asian American (AA) | 8% | No Goal | 3% | 8% |
| Hispanic American (HA) | 4% | 8% | 6% | 5% |
| Women (W) | 18% | 17% | 10% | 25% |
| C: Construction PS: Professional Services. SS: Standard Services G: Goods | ||||
| Weighted % | Score | Avg. Score | Grade |
|---|---|---|---|
| > 80 | 5 | > 4.25 | A |
| > 60 | 4 | > 3.25 | B |
| > 40 | 3 | > 2.25 | C |
| > 20 | 2 | > 1.25 | D |
| < 20 | 1 | < 1.25 | F |
Step 1: Total Eligible Spending Per Industry
| Total Eligible Spending | C | PS | SS | G |
|---|---|---|---|---|
| $5,426,751 | $376,468 | $2,583,509 | $2,367,272 | $99,503 |
Step 2: Weighted Matrix (Industry Spending/Total Eligible Spending)
| Category | C | PS | SS | G |
|---|---|---|---|---|
| AFA, HA, W | 6.94% | 47.61% | 43.62% | 1.83% |
| AA | No Goal |
Step 3: Actual LL174 M/WBE Spending
| Category | C | PS | SS | G |
|---|---|---|---|---|
| African American | $0 | $538,487 | $435,792 | $24,151 |
| Asian American | $0 | $1,517,432 | $2,727 | $15,528 |
| Hispanic American | $0 | $21,290 | $0 | $23,175 |
| Women | $0 | $101,288 | $187,421 | $380 |
Step 4: Actual Spending Percentage (Actual LL174 M/WBE Spending/Industry Spending)
| Category | C | PS | SS | G |
|---|---|---|---|---|
| African American | 0.00% | 20.84% | 18.41% | 24.27% |
| Asian American | 0.00% | 58.74% | 0.12% | 15.61% |
| Hispanic American | 0.00% | 0.82% | 0.00% | 23.29% |
| Women | 0.00% | 3.92% | 7.92% | 0.38% |
Step 5: LL174 M/WBE Spending as Percentage of Target Achieved (Actual Spending Percentage/LL174 Target)
| Category | C | PS | SS | G |
|---|---|---|---|---|
| African American | 0.00% | 176.49% | 128.55% | 408.61% |
| Asian American | 0.00% | No Goal | 1.17% | 147.36% |
| Hispanic American | 0.00% | 9.17% | 0.00% | 329.43% |
| Women | 0.00% | 10.69% | 27.06% | 1.25% |
Step 6: Final Score
| Category | C | PS | SS | G |
|---|---|---|---|---|
| African American | 147.59% | A | 5 | 3 |
| Asian American | 300.68% | A | 5 | |
| Hispanic American | 10.40% | F | 1 | |
| Women | 16.92% | F | 1 |
Subcontract Data
| Total Reported Spending | LL174 Eligible Spending | Non Eligible Spending |
|---|---|---|
| $0 | $0 | $0 |
| LL174 Sub Spending | Construction | Goods | Professional Services | Standard Services | M/WBE Total |
|---|---|---|---|---|---|
| African American | $0 | $0 | $0 | $0 | $0 |
| Asian American | $0 | $0 | $0 | $0 | $0 |
| Hispanic American | $0 | $0 | $0 | $0 | $0 |
| Women | $0 | $0 | $0 | $0 | $0 |
| Industry Total | $0 | $0 | $0 | $0 | $0 |
