AUDIT REVEALS HPD FAILED TO TRACK AND VERIFY MINORITY AND WOMEN-OWNED BUSINESSES PARTICIPATION ON CONTRACTS

The Department of Housing Preservation and Development (HPD) failed to keep track of all of its contracts and subcontracts awarded to Minority and Women-Owned Business Enterprises (M/WBEs), undermining citywide efforts to ensure that its spending is done transparently and with accountability, according to a new audit released by New York City Comptroller Scott M. Stringer.


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