Procurement Frequently Asked Questions

Doing Business with City Agencies in General

  1. A city agency identifies a need and plans a procurement.
  2. The agency writes and publishes a solicitation.
  3. The agency reviews the bids and selects a vendor.
  4. The city conducts a background check on the vendor.
  5. A contract is negotiated, reviewed by the relevant oversight agencies, and signed.
  6. The contract is registered with the Office of the Comptroller.
Most bids and proposals over $100,000 are solicited on DOF's website and the City Record online.

Competitive sealed bidding (CSB), also known as an invitation for bids (IFB) or request for bids (RFB), is a source selection method in which sealed bids are publicly solicited and opened and a contract is awarded to the lowest responsive and responsible bidder.

Competitive sealed proposal (CSP) is a source selection method in which a solicitation is made by the City to potential vendors. Before a contract is awarded, the City may work with the vendor to resolve uncertainties and deficiencies in the proposal.

Doing Business with the Department of Finance specifically

DOF does not maintain a bid list. To enroll in the city's bid lists, you will need to create a Payee Information Portal account at Vendors who have questions or issues regarding online enrollment should contact the Vendor Enrollment Center at (212) 857-1680 or

The Department of Finance's website lists all currently advertised solicitations. All solicitations over $100,000 are advertised in the City Record. To receive solicitation notices by email and download bid documents, you must enroll in the City Record Online (CROL) system.

Please note that the Department of Finance does not currently have a prequalified vendor list for participation in its procurement solicitations. You need not be prequalified in order to bid.

The Department of Finance procures products and services in the areas of information technology, payment processing and banking, debt collection, booting, translation and interpretation, office supplies and furniture, and more.

To do business with the Department of Finance, register with the City Record to receive email solicitation notices and updates. You may also create an account with the city's Payee Information Portal to manage your bids and contracts online. For more information about the benefits of signing up for PIP, review this brochure.

If you have questions about doing business with the Department of Finance, review the frequently asked questions on this page or Contact Us.

Other General Questions

An evaluation committee with knowledge and expertise in the procurement conducts a fair and reasonable evaluation of the proposals. The committee ranks the proposals based on the criteria specified in the RFP.

The timeframe to award a contract varies depending on various factors, including the project's size and complexity and the nature of the goods or services being procured.

The evaluation and selection process can take several months. After the selection process is completed, the apparent awardee is notified and the award process begins. For solicitations over $100,000 in contract value, an award notice is posted in the City Record Online upon registration of a contract.

City procurements are processed in accordance with the procedures set forth in Chapter 13 of the New York City Charter.

All contracts must be registered with the New York City's Office of the Comptroller. After the contract is registered, you will receive a notice to proceed (NTP) letter or other form of notification informing you when the work can commence.

Bid security or bonding requirements are always specified in the solicitation if applicable.

Insurance requirements vary according to the type of contract or services required. Details will be provided in the solicitation.

The New York City Department of Small Business Services' searchable directory of certified M/WBE vendors is available at You may also contact (212) 513-6356 or e-mail for assistance in finding vendors or verifying a company's certification status.

Yes, you will have to be certified through the Department of Small Business Services. Companies already certified by one of the following government or private sector partners may be eligible to submit a "fast track" application:

  • New York City School Construction Authority
  • The Port Authority of New York and New Jersey
  • Women President Educational Organization
  • New York & New Jersey Minority Supplier Development Council, Inc.
  • Empire State Development Corporation
To request a fast track application, download an application at, call the certification helpline at 212-513-6311, or e-mail for more details.

The City searches for potential vendors by commodity codes, and so it is important that your registration information be accurate. Please review your profile at

A sealed bid is one that has been submitted in response to an invitation for bids in a sealed envelope to prevent its contents being revealed or known before the bid submission deadline. If permitted by the IFB, sealed bids may be submitted electronically, provided they are submitted in a manner that prevents the contents from being revealed or known prior to the date and time set for the opening of bids.

A responsible vendor has:

  • the capability in all respects to perform in full the contract's requirements, and
  • the business integrity and reliability to assure a good faith performance.

A responsive bidder is a vendor whose bid or proposal conforms to the terms set out by the City in the solicitation.

Bids that do not conform to the requirements of the invitation will be disqualified. Late bids will not be accepted.

Contact the point person listed on the solicitation.

A point person will be listed on the solicitation.

A pre-bid conference facilitates the bidding process by allowing vendors the opportunity to ask questions about the solicitation.

Under chapter 13 of the Charter of the City of New York, the PPB is authorized to make rules governing the procurement of goods, services, and construction. The rules are available on the PPB's website.

New York State's Freedom of Information Law allows members of the public to access the public records of governmental entities.