Enhanced capability on the
"These new features will provide transparency about MWBE spending as never before and also give crucial insight into how contracts are distributed once they are awarded," Stringer said in a statement.
The online transparency tool Checkbook NYC places the city's daily spending in the public domain. It now has "featured dashboards" — or dedicated screens — which will help M/WBEs and other subcontractors pinpoint which vendors are awarded city contracts and monitor when agencies pay out money on specific projects, said Stringer.
Checkbook NYC users can use these dashboards to follow the life of a contract from master agreements through modifications and payments, seeing how contracts change over time.
Additionally, the public will now be able to see how vendors who have won contracts disburse those awards to subcontractors in real time. This information is made available in collaboration with the Mayor's Office of Contract Services and the Financial Information Services Agency, an entity jointly run by Stringer and Mayor Bill de Blasio.
