Harry explains applicability and contract value

Sure.

So many of the contracts that we have to date, they're just newly registered.

And so because we're early on in this process, we anticipate that our, or we know rather that that contract count will continue to grow.

For example,

Between that last report, which has 179, we already actually now have a total of 528 contracts registered.

They just haven't been yet reflected in the report, and that's valued at $13.3 billion.

In terms of applicability,

Much of the applicability and structure around community hiring is rooted in state law, and so it applies to all service contracts, and there are some exceptions, but generally that's construction services, professional services, standard services.

and human services.

So it's like all services excluding goods contracts.

And so our rules that we put into place, and like I said in the testimony, the rules were shaped by many, many different stakeholders, external and internal, of putting the structure of rules into place.

Generally speaking, it is all services contracts valued at $3 million or more, with some exceptions.

And some of those exceptions, like I said, are in state law.

And so...

Right now, in that report, there were just 179.

It will grow in the next report to 528 once we publish that data.

But generally speaking, in terms of the types of contracts that get procured every year by the city agencies,

We think almost like 90% of the contract value of services contracts that get procured every year will be covered by community hiring once all of those contracts go through the full procurement cycle and cycle through.

And so whereas the contract count is one piece, the contract value is the piece that we're most focused on because, you know.

Five contracts that are only a million dollars is going to be less than one contract that's 50 million dollars for example and so we think that uh the vast vast majority of services contracts that get procured by city agencies