Brooklyn, NY – Governor to Issue Executive Order to Fairly Consider Minority and Women’s Business for State Contracts

Brooklyn, NY – Gov. Paterson said that he wants to encourage more minority-owned and women-owned businesses in the state.

At a commencement address at Medgar Evers College in Brooklyn, the governor said he would expand an executive order to make sure such businesses are fairly considered for state contracts.
“We are going to issue an executive order about the procurement with minority- and women-owned businesses – right here in the state of New York – for a contract for investment banking and for savings and bonds and insurance, and we are going to do it this week,” he said.

There is already a similar executive order covering state contracts with other fields, but the new measure would expand the measure to apply to banking, insurance and the sale of securities and bonds.