Industrial and Commercial Abatement Program (ICAP)
- Carrying out ICAP MWBE requirements can be resource-intensive and time consuming. Firms that don’t have the staff and/or the expertise can quickly become overwhelmed.
- Increased application scrutiny and solid evidence of compliance activities are now expected. The NYC Department of Finance may deny, reduce, suspend, revoke, or terminate any ICAP benefits if the recipient fails to comply with the program’s requirements.
- Don’t jeopardize the savings that you earned. The DiversityAssured team supports your firm by performing, documenting, and reporting the required activities in a timely manner. These services are available on a long-term basis or as needed to supplement your staff.
- Our experience with complex regulatory requirements includes successful good faith efforts, mandatory data tracking, reporting, and the collection of supporting documentation.
Section 3
This program has 3 distinct requirements: Section 3 Workers, Section 3 Targeted Workers, and Section 3 Business Concerns.
Contracts have benchmarks for each of these requirements. If they are not met, Contractors and Trade Partners must conduct additional efforts and provide documentation. This is in addition to the verification of Section 3 eligibility and detailed reporting requirements.
Carrying out and documenting these activities can be frustrating and overwhelming. Our team supports your firm by performing these tasks in a cost-effective and timely manner, all while achieving compliance.
These services include, but are not limited to:
- Verification of Section 3 Workers, Targeted Section 3 Workers, and Section 3 Business Concerns
- Section 3 Business Concern Bid List Development
- Recruitment Strategies for Section 3 Workers and Targeted Section 3 Workers
- Documentation, Reporting, and Recordkeeping
- Conducting and Recording Additional Best Efforts to Achieve Benchmarks
This expertise enables us to ensure compliance by providing services such as:
- MWBE Bid List Development, including Requests for NYC SBS Referrals
- Recordkeeping and Reporting
- Advertisement and Solicitation of Opportunities
- NYC Executive Order 50 Compliance Activities
- Documentation of Negotiations with MWBEs
- Organization of NYC Department of Labor Services Pre-
Award Meetings