NYSIF Procurement Guidelines shall apply to all acquisitions entered into by NYSIF and shall be in accordance with New York State and Workers’ Compensation Laws, New York State Procurement Council Guidelines, and/or any other applicable rule, regulation, statute or opinion issued by NYSIF. You can find NYSIF and other New York State procurement opportunities in the New York State Contract Reporter.
Minority and Women-Owned Business Enterprises
NYSIF encourages the participation of New York State Minority- and Women-Owned Business Enterprises (M/WBE) in its procurement projects. NYSIF is committed to achieving the statewide goal of increasing opportunities for M/WBEs and helping these businesses thrive. NYSIF has established an M/WBE participation goal of at least 30 percent for all NYSIF contracts. In addition, NYSIF has instituted an asset management and financial institution strategy to increase use of M/WBE investment and financial services firms.
- Form 102 - Workforce Employment Utilization (Form 102 instructions)
- EEO-1 - Job Classification Guide (2014)
Visit Empire State Development for more information about M/WBE requirements and certification.
Service-Disabled Veteran-Owned Businesses
The Service-Disabled Veteran-Owned Business Act allows eligible business owners to become certified as New York State Service-Disabled Veteran-Owned Businesses (SDVOB) to increase their participation in New York State contracting opportunities.
Contact the Office for General Services Division of Service-Disabled Veterans’ Business Development for more information on SDVOB requirements and certification.
Receiving Bids from NYSIF
Complete our Procurement Bidders form to be added to our bidder database. NYSIF notifies bidders by email when a NYSIF solicitation is released for public bidding.
NYSIF vendors can also find documents online, including:
- Request for Proposals (RFPs)
- Invitation for Bids (IFBs)
- Requests for Quotes (RFQs)
- Requests for Information (RFIs)
- Amendments, questions and answers, and updates
Please contact NYSIF Procurements with any questions.
Electronic Payment Policy
NYSIF uses electronic funds transfer for payments to administrative contractors and vendors, consistent with the NYS Taxpayer Accountability Office initiative to reduce payment processing costs. Read our EFT policy and complete our Vendor Authorization form. NYSIF Procurement forms are for NYSIF suppliers and vendors only.
Current Procurement Opportunities
Proposals submitted in response to any of NYSIF’s procurement opportunities must comply with the instructions and procedures contained in the solicitation. Bidders are responsible for checking NYSIF’s website for any amendments, addenda, and/or updates.
Potential upcoming procurements
None at this time.
Qualified Personal Service Contract (QPSC)
Pursuant to Budget Bulletin B-1187, QPSC contracts are available upon request. There are no procurements that fall under the order at this time.
Single source procurements
New York State law allows state agencies to procure goods and services without a formal competitive process in limited circumstances. New York State Finance Law Section 163(10)(b) requires state agencies to post summaries of single source procurement contracts within 30 days after contract award.
NYSIF M/WBE Asset Management & Financial Institution Strategy Report