NYC IDA Maintains Annual NYCEDC Services Agreement | NYC-Industrial Development Agency | NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION (NYCEDC)

Scope & details

The full contract record, as filed.

Contract amount

$4.4 million fixed annual fee, plus $135,000 for each IDA transaction closing beyond the sixteenth closing; $4.81 million incurred for the year ended June 30, 2026

Contract type

PROFESSIONAL_SERVICES

Contract term

Annual; specific start and end dates not stated

Renewal

Annual contract; renewal or continuation occurs annually. Additional transaction-based fees apply beyond the sixteenth closing.

Document type

Minutes

Source document

New York City Industrial Development Agency Minutes September 15, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by NYC-Industrial Development Agency?

New York City Economic Development Corporation (nycedc) was awarded this professional services contract by NYC-Industrial Development Agency, as recorded on September 15, 2026. The contract value is $4.4 million fixed annual fee, plus $135,000 for each IDA transaction closing beyond the sixteenth closing; $4.81 million incurred for the year ended June 30, 2026.

How much is the New York City Economic Development Corporation (nycedc) contract with NYC-Industrial Development Agency worth?

The New York City Economic Development Corporation (nycedc) contract with NYC-Industrial Development Agency is valued at $4.4 million fixed annual fee, plus $135,000 for each IDA transaction closing beyond the sixteenth closing; $4.81 million incurred for the year ended June 30, 2026, covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New York City Industrial Development Agency Minutes September 15, 2026 (Minutes), dated September 15, 2026 from NYC-Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New York City Economic Development Corporation (nycedc) hold?

New York City Economic Development Corporation (nycedc) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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