Executive Order No. 10 Task Force

Increasing the Utilization of Minority and Women-Owned Business Enterprise (MWBE) in State Debt Offerings

Final Report of the MWBE Task Force

Complete Report | PDF (Please note: This is a large file (46MB) and may take some time to download.)

Table of Contents

(The following files are available in PDF format only.)

Report Cover, Forward and Acknowledgements

1. Introduction
   1. Introduction
2. Underwriters
   1. Overview
   2. Request for Proposals
   3. Performance Measures
   4. Goals, Syndicate, Formation and Designation Policies
   5. MWBE Participation by Role for State-Supported Debt
      1. State Authorities Combined
      2. Dormitory Authority (“DASNY”)
      3. Environmental Facilities Corporation (“EFC”)
      4. Empire State Development Corporation (“ESDC”)
      5. Housing Finance Agency (“HFA”)
      6. Thruway Authority (“Thruway”)
      7. Local Government Assistance Corporation (“LGAC”)
3. Legal Services
   1. Overview of Task Force Work
4. Financial Services
   1. Overview of Task Force Work
5. Legislation
   1. Overview of Task Force Work
   2. Proposed Legislation
6. Areas for Further Exploration
   1. Overview
7. Conclusion
   1. Conclusion

Appendices

1. Appendix - Executive Order No 10. and Task Force Resolutions
   • Resolution: Extending the Date for Developing the Underwriter Recommendations
   • Resolution: Adopting the Underwriter Recommendations
   • Resolution: Extending the Date to Issue the Preliminary Report: Evaluation of State-Supported Debt Issuers
   • Resolution: Adopting the Preliminary Report: Evaluation of State-Supported Debt Issuers
   • Resolution: Adopting Recommendations Regarding Best Practices in Procurements for Legal Services
   • Resolution: Adopting Recommendations Regarding Best Practices in Financial Services
   • Resolution: Extending the Date for the Final Report
   • Resolution: Adopting the Final Report
2. Appendix - Underwriter: Public Hearing Invitation Letter and Attendee List
3. Appendix - Underwriter Adopted Recommendations
4. Appendix - Underwriter Common Request for Proposals Services (Including Performance/Pricing Template
5. Appendix - Underwriter: Overview of Individual Bond Detail of State-Supported Debt Transactions (including Underwriter Panels)
   1. DASNY
   2. EFC
   3. ESDC
   4. HFA
   5. Thruway
   6. LGAC
6. Appendix - Legal Services Forum: Supporting Diversity in Government Contracting of Outside Legal Services: Challenges and Opportunities (January 30, 2009) and Attendee List
7. Appendix - Legal Services Adopted Best Practices
8. Appendix - Legal Services Forum: Supporting Diversity in Government Contracting of Legal Services: Partnering Opportunities (October 16, 2009) and Attendee List
9. Appendix - Legal Services Data
   1. DASNY
   2. EFC
   3. ESDC
   4. HFA
   5. LGAC
   6. Thruway
10. Appendix - Financial Services Forum: Supporting Diversity in Government Contracting of Financial Services: Challenges and Opportunities (April 30, 2009) and Attendee List
11. Appendix - Financial Services Adopted Best Practices
    1. Accounting Services
    2. Banking
    3. Broker-Dealers
    4. Certificate of Deposit and Money Market Fund Investments
    5. Financial Advisory Services
    6. Swap Advisory Services
    7. Risk Management and Insurance Brokerage Services
    8. Title Insurance Companies/Abstract Companies
12. Appendix - Financial Services Data
    1. Accounting Services
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    2. Banking
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    3. Broker-Dealers
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    4. Certificate of Deposit and Money Market Fund Investments
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    5. Financial Advisory Services
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    6. Swap Advisory Services
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    7. Risk Management and Insurance Brokerage Services
       1. DASNY
       2. EFC
       3. ESDC
       4. HFA
       5. LGAC
       6. Thruway
    8. Title Insurance Companies/Abstract Companies
       1. DASNY
13. Appendix - Legislative Briefing: Proposed Statutory and Administrative Implementation of Best Practices (presented to Task Force Members and Advisors July 21, 2009)
14. Appendix - Areas for Further Exploration: Asset Management Forum Supporting Diversity in Government Contracting of Asset Managers and Broker Dealers (July 30, 2009) and Attendee List
15. Appendix - Webinar on Capital Requirements (March 1, 2010) and Attendee List
16. Appendix - Minutes of Task Force Meetings
17. Appendix - Press Articles
18. Appendix - List of Advocacy Organizations