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New York City Economic Development Corporation (EDC)·New York

IDEAS FOR IMPACT RFEI

Closes 12/31/2025$10k – $500kRequest for Expression of Interest
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Description

The New York City Economic Development Corporation (NYCEDC) is issuing a Request for Expressions of Interest (RFEI) to facilitate submission and review of partnership ideas that fall outside the scope of NYCEDC's other active solicitations. The RFEI is open to private sector and non-profit organizations, and respondents are encouraged to propose creative, economically viable, and financially sustainable projects that directly benefit the people and businesses of New York City. The proposals will undergo a tiered evaluation process, and strong proposals may be implemented in a variety of ways, including contracts, competitive procurements, or alternative partnership structures. Some key points to consider: • Proposals can include programmatic initiatives, technology pilots, capital projects, impact investment opportunities, and improvements to NYCEDC operations • NYCEDC may provide limited seed capital, but the RFEI is primarily focused on sourcing proposals that leverage NYCEDC's in-kind, non-financial resources • Proposals will be evaluated based on factors including the proposal profile, financial profile, and impact profile • Certified Minority and Women-owned Business Enterprises (M/WBEs) are strongly encouraged to apply

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

[email protected]

(212) 312-3649

Key dates

Opened
7/21/2023
Questions due
8/4/2023
Pre-bid meeting
8/2/2023
Closes
12/31/2025

Last updated

Details

Type
Request for Expression of Interest
Industry
Consulting Services
NAICS
541000
Solicitation №
PIN#10492

Budget estimate

$10,000 – $500,000

The budget for this opportunity is difficult to estimate, as the RFEI does not specify a particular budget or payment amount. However, considering that NYCEDC may provide limited seed capital to initiate a project, and the focus is on leveraging in-kind, non-financial resources, the budget is likely to be relatively low, possibly in the range of $10,000 to $500,000. The actual budget will depend on the specific project proposed and the resources required to implement it. Factors that may influence the likely payment range include the scope and complexity of the project, the level of seed capital required, and the value of the in-kind resources provided by NYCEDC.

AI estimate from the solicitation

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