New York City has 18.4K active contracts worth $42.0B in total value. The average contract is worth $2M, though the largest mega-contracts exceed $1 billion. Construction accounts for 32% of contract value, followed by professional services (24%) and human services (18%). 14.2% of contracts are sole-source (non-competitive).
85.8% of NYC contracts are competitively bid through the city's procurement process. The remaining 14.2% are sole-source awards, typically for specialized services where only one vendor qualifies.
NYC has goals for Minority and Women-Owned Business Enterprise (MWBE) participation in city contracts. Current MWBE utilization is approximately 28% of eligible contract value, with a city target of 30%.
Explore full contract details, vendor analysis, and agency spending.