CONTRACTONGOING

H+H HERRC management funding reduced to zero in 2Q26

NYC Fire Pension Fund (FPF) logoNYC Fire Pension Fund (FPF)
Disclosed value
$23 million (1Q26); $0 (2Q26) for HERRCs management; $1.090 billion in FY25
From report
Document date
Mar 1, 2026
Term
FY25 (through 1H26)

The 30-second brief

What it covers

NYC Health + Hospitals received over $1 billion in FY25 for HERRCs management, but funding dropped to $23 million in 1Q26 and ceased by 2Q26 as the program shifted. Payments also reflect collective bargaining agreements and reduced migrant-related expenditures.

Who holds it

Nyc Health + Hospitals holds this professional services contract with NYC Fire Pension Fund (FPF). Its other public contracts on record include work for NYC-Department of Homeless Services and Elmhurst Hospital Center.

What happens next

Term as filed: FY25 (through 1H26).

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Contract details

Contract type
Professional Services
Amount
$23 million (1Q26); $0 (2Q26) for HERRCs management; $1.090 billion in FY25
Document date
March 1, 2026
Term
FY25 (through 1H26)
Vendor
Nyc Health + Hospitals
Source document
New York City Comptroller Quarterly Cash Report March 2026 (Report)

Nyc Health + Hospitals's other public contracts

More NYC Fire Pension Fund (FPF) contracts

Questions about this contract

Who was awarded the professional services contract by NYC Fire Pension Fund (FPF)?

Nyc Health + Hospitals was awarded this professional services contract by NYC Fire Pension Fund (FPF), as recorded on March 1, 2026. The contract value is $23 million (1Q26); $0 (2Q26) for HERRCs management; $1.090 billion in FY25.

How much is the Nyc Health + Hospitals contract with NYC Fire Pension Fund (FPF) worth?

The Nyc Health + Hospitals contract with NYC Fire Pension Fund (FPF) is valued at $23 million (1Q26); $0 (2Q26) for HERRCs management; $1.090 billion in FY25, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a report record.

Where was this contract approved?

This contract appears in New York City Comptroller Quarterly Cash Report March 2026 (Report), dated March 1, 2026 from NYC Fire Pension Fund (FPF). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is NYC Fire Pension Fund (FPF) currently buying?

Explore NYC Fire Pension Fund (FPF)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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