Hearings on the city's technology contracts; with hundreds of millions lost through waste and fraud
Today the NYC Council Contracts and Technology Committees held hearings about a new bill, Int. 521A, that would require the city to report any contract whose cost has overrun by more than $500,000 or ten percent.
Of course, the city, in the person of Deputy Mayor Cass Holloway opposed the legislation, and claimed that it was unnecessary, despite the numerous city contracts, particularly those involving technology projects, that have run over into the billions of dollars. (See this excellent summary from Gotham Gazette.) Holloway also claimed to know nothing about the
Of course, the city, in the person of Deputy Mayor Cass Holloway opposed the legislation, and claimed that it was unnecessary, despite the numerous city contracts, particularly those involving technology projects, that have run over into the billions of dollars. (See this excellent summary from Gotham Gazette.) Holloway also claimed to know nothing about the