Establishing auditing requirements for minority and women-owned business enterprise procurement.

A Local Law to amend the New York city charter, in relation to establishing auditing requirements for minority and women-owned business enterprise procurement

The proposed bill would require that the Comptroller conduct annual audits focused solely on MWBE procurement and share final audits and audit reports to the council, the mayor, and the audit committee. This bill would also allow the Comptroller to appoint someone in the Comptroller’s office to oversee and execute such audit.