New York Citywide, FY 2021
October 18, 2021
M/WBE Letter Grade
Letter Grade Overview
The City of New York had $7.2 billion in total M/WBE-eligible spending, with 39% on construction, 22% on professional services, 25% on standard services, and 14% on goods. The City agencies graded received a C- grade, earning an F grade with African Americans, a B grade with Asian Americans, a D grade with Hispanic Americans, and a D grade with women-owned firms. In FY 21, the agencies graded spent $1.3 billion with M/WBEs, an additional $260.8 million since FY 20. This represents 18% M/WBE spending, a 2 percentage point increase in its M/WBE share since FY 20. When compared with FY 14, the agencies graded increased their spending by $922.2 million, which represents a 12 percentage point increase in M/WBE spending.
About City
Agency Fiscal Year 2021 Spending within Local Law 174*
African American | Asian American | Hispanic American | Women | Non M/WBE | ||||||
---|---|---|---|---|---|---|---|---|---|---|
$ | % | $ | % | $ | % | $ | % | $ | ||
Construction | $17,963,803 | 5.33% | $129,192,027 | 41.41% | $136,543,155 | 27.07% | $137,792,875 | 19.11% | $2,388,831,444 | |
Professional Services | $33,389,610 | 17.77% | $183,317,214 | No Goal | $35,379,041 | 24.74% | $187,298,721 | 32.11% | $1,151,477,423 | |
Standard Services | $9,066,572 | 3.55% | $145,248,373 | 82.36% | $18,794,743 | 10.32% | $86,774,711 | 16.61% | $1,525,057,748 | |
Goods < $100K | $11,198,374 | 19.50% | $34,888,764 | 34.08% | $16,402,321 | 24.00% | $85,329,798 | 28.93% | $818,927,062 | |
Total LL174 Spending | $71,618,359 | $492,646,378 | $207,119,261 | $497,196,105 | $5,884,293,677 | |||||
Weighted Grade | F | B | D | D | 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 |
---|---|---|---|---|
$7,152,873,780 | $2,810,323,305 | $1,590,862,009 | $1,784,942,147 | $966,746,320 |
Step 2: Weighted Matrix (Industry Spending/Total Eligible Spending)
Category | C | PS | SS | G |
---|---|---|---|---|
AFA, HA, W | 39.29% | 22.24% | 24.95% | 13.52% |
AA | No Goal |
Step 3: Actual LL174 M/WBE Spending
Category | C | PS | SS | G |
---|---|---|---|---|
African American | $17,963,803 | $33,389,610 | $9,066,572 | $11,198,374 |
Asian American | $129,192,027 | $183,317,214 | $145,248,373 | $34,888,764 |
Hispanic American | $136,543,155 | $35,379,041 | $18,794,743 | $16,402,321 |
Women | $137,792,875 | $187,298,721 | $86,774,711 | $85,329,798 |
Step 4: Actual Spending Percentage (Actual LL174 M/WBE Spending/Industry Spending)
Category | C | PS | SS | G |
---|---|---|---|---|
African American | 0.64% | 2.10% | 0.51% | 1.16% |
Asian American | 4.60% | 11.52% | 8.14% | 3.61% |
Hispanic American | 4.86% | 2.22% | 1.05% | 1.70% |
Women | 4.90% | 11.77% | 4.86% | 8.83% |
Step 5: LL174 M/WBE Spending as Percentage of Target Achieved (Actual Spending Percentage/LL174 Target)
Category | C | PS | SS | G |
---|---|---|---|---|
African American | 5.33% | 17.77% | 3.55% | 19.50% |
Asian American | 41.41% | No Goal | 82.36% | 34.08% |
Hispanic American | 27.07% | 24.74% | 10.32% | 24.00% |
Women | 19.11% | 32.11% | 16.61% | 28.93% |
Step 6: Final Score
Category | C | PS | SS | G |
---|---|---|---|---|
African American | 9.57% | F | 1 | 2.25 |
Asian American | 68.69% | B | 4 | |
Hispanic American | 21.96% | D | 2 | |
Women | 22.70% | D | 2 |
Subcontract Data
Total Reported Spending | LL174 Eligible Spending | Non Eligible Spending |
---|---|---|
$472,635,351 | $219,320,461 | $253,314,890 |
LL174 Sub Spending | Construction | Goods | Professional Services | Standard Services | M/WBE Total |
---|---|---|---|---|---|
African American | $14,761,175 | $45,000 | $8,676,452 | $3,396,539 | $26,879,168 |
Asian American | $36,834,759 | $1,021,408 | $17,669,923 | $2,938,175 | $58,464,263 |
Hispanic American | $29,731,076 | $36,500 | $16,967,583 | $3,971,213 | $50,706,370 |
Women | $43,380,009 | $2,654,509 | $26,649,459 | $10,586,679 | $83,270,656 |
Industry Total | $124,707,020 | $3,757,416 | $69,963,417 | $20,892,607 | $472,635,351 |