§ 4-02 — Transactions with an Original Value of More Than 3 Million Dollars

§ 4-02 Transactions with an Original Value of More Than 3 Million Dollars.

A Transaction with an original value of more than 3 million dollars must include a Community Hiring Goal as set forth in this section. a. Community Hiring Goals for Transactions for Building Service Work. 1. Community Hiring Goal. For each Transaction involving Building Service Work, the Community Hiring Goal is for 30 percent of Building Service Opportunity Labor Hours to be performed by Residence-Based Community Hires as defined in subdivision a of 74 RCNY § 2-01. 2. Alternative Goal Setting Method. Where setting a goal based on the percentage of Building Service Opportunity Labor Hours to be performed by Residence-Based Community Hires is not feasible for a Transaction for services subject to this subdivision, the Mayoral Agency, in consultation with the Director, may set a Community Hiring Goal for a specified percentage of Building Service Opportunities to be filled by Residence-Based Community Hires. 3. Absorption Hires. In calculating the Community Hiring Goal applicable to a Transaction involving Building Service Work, neither the Building Service Opportunity Labor Hours performed by Absorption Hires nor the Building Service Opportunities filled by Absorption Hires shall be considered. b. Community Hiring Goals for Transactions for Construction. 1. Community Hiring Goal. For each Transaction involving Construction Work, except where a Transaction is subject to a Project Labor Agreement, the Community Hiring Goal is for 30 percent of cumulative hours of Construction Work to be performed by Residence-Based Community Hires as defined in subdivision a of 74 RCNY § 2-01. 2. Apprenticeship Goal. For each Transaction involving Construction Work, except where a Transaction is subject to a Project Labor Agreement, the Mayoral Agency may determine the appropriate percentage of the Community Hiring Goal to be performed by Apprentices who are qualified Residence-Based Community Hires, to the extent feasible consistent with the maximum ratios of Apprentices to journey-level workers as established by the New York State Department of Labor. Construction Work performed by Apprentices who are Residence-Based Community Hires shall be credited towards the achievement of both the Community Hiring Goal and the Apprenticeship Goal. 3. Employment Goal Established in Project Labor Agreements. Where a Transaction involving Construction Work is subject to a Project Labor Agreement and such Project Labor Agreement includes numerical goals regarding the sourcing for the hiring of Residence-Based Community Hires and Apprentices, the goals set forth in such Project Labor Agreement shall apply to the Transaction. c. Community Hiring Goals on Transactions for All Other Services. 1. Community Hiring Goal. For each Transaction involving professional services, human services, and standard services except for Building Service Work, the Community Hiring Goal is to hire one Income-Based Community Hire for every $500,000 in total value of the Transaction. The Income-Based Community Hire does not need to be hired to perform services on that Transaction but will not be credited towards the achievement of more than one Community Hiring Goal. The hiring of an Income-Based Community Hire for an internship, externship, or fellowship will not be credited towards the achievement of a Community Hiring Goal, and the hiring of an Income-Based Community Hire for a temporary position will be credited towards such goal only where the individual is hired to fill an Employment Opportunity for services that are temporary in nature. 2. Alternative Goal Setting Method. Where setting a goal based on the total value of the Transaction is not feasible on a Transaction for services subject to this subdivision, the Mayoral Agency, in consultation with the Director, may set a goal that a specified percentage of the cumulative hours of labor be performed by Income-Based Community Hires, or a goal that a specified percentage of Employment Opportunities be filled by Income-Based Community Hires. (Added City Record 12/24/24, eff. 1/23/25)