The State of New York undoubtedly has some of the biggest initiatives in boosting infrastructure within the state. With 63 counties and a population of over 20 million, the state has many projects to provide within its communities. These infrastructure projects and even smaller administrative projects can be great business opportunities, and Bidnet Direct can help with finding the right ones for your company.
In this article, we’ll discuss the upcoming fiscal year and how the Empire State Purchasing Group can help vendors find bid opportunities from the state government and other local agencies.
What We Know So Far About the State of New York’s Upcoming Budget
The State of New York’s fiscal year begins on April 1 and ends on March 31. Although it’s almost the beginning of FY23-24, the state’s assembly has not yet approved the budget. So, there may be some changes to the proposed budget. But here are the highlights we know so far that might be worth watching for:
5-Year Capital Plan on Transportation
To boost the infrastructure projects throughout the state, one of the initiatives for this year’s budget is to allot $32 billion to the Department of Transportation. This will help fund the department’s 5-year capital plan for programs and projects, including investments in local roads and bridges in smaller municipalities.
Other initiatives include:
- Construction of the Community Grid project
- Replacing the Livingston Avenue Railroad Bridge
- Revitalizing the South Bronx
Funds for Parks and Recreation, Climate Change, and School Buses
The State of New York also commits to environmental initiatives. For FY23, an additional $1.2 billion is being proposed to help the Expanded Clean Water, Clean Air, and Green Jobs Environmental Bond Act. This fiscal year also allotted a budget of $250 million to fund the Office of Parks, Recreation and Historic Preservation. This fund will support critical infrastructure projects throughout the park system. Another $500 million is also budgeted for Zero Emission School Buses.
5-Year Housing Plan
The FY23 State Budget also includes $25 billion to help fund the 5-year housing plan. This will fund the:
- New construction of multi-family affordable housing efforts
- Preserve existing multi-family rental housing
- Preserve rural rental properties
The Power of the Empire State Purchasing Group
When looking for opportunities to grow your business with government agencies in New York, being a registered vendor to a bidding platform with a collective of active agencies can be a benefit. This is the case with the Empire State Purchasing Group on Bidnet Direct.
Registered vendors on the Empire State Purchasing Group get access to bids from over 300 participating government agencies in New York. These agencies publish bids and RFPs directly on the Empire State Purchasing Group, including counties, cities, towns, universities and public schools, and special districts. Bidnet Direct also monitors bid opportunities from over 2,000 additional government agencies in New York, including federal agencies located within the state.
In 2022, over 7,700 solicitations were published directly on the Empire State Purchasing Group by participating agencies. Over 19,000 additional solicitations throughout New York State were also published on Bidnet Direct.
Finding opportunities on the Empire State Purchasing Group can be an advantage to any business with a strategic growth plan with the government agencies of New York. The biggest advantage of being a registered vendor is getting notified of matching bid opportunities daily and getting invited to bid by participating agencies.
Finding Open Bids In The State of New York
The Empire State Purchasing Group hosts bid opportunities from government agencies in the state of New York. Interested vendors can visit the Empire State Purchasing Group’s open solicitation page to begin.
For a specific New York government agency, vendors can check the Participating Agencies page to research if the agency they are interested in doing business with posts solicitations directly on Bidnet Direct.
If the agency is not a member of the Empire State Purchasing Group, Bidnet Direct’s research team finds open solicitations from over 2,000 agencies in New York and notifies registered vendors of matching bids.
Bidnet Direct offers ways for vendors to easily find bid opportunities for their business while saving them time and money.
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