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Streamline the contract payment process

As part of efforts to improve the agency’s procurement process, DOT has established a working group composed of the agency’s fiscal affairs, engineering audit, legal, IT, and operational units. To speed up contract payments by at least 20 percent, DOT will require concurrent reviews by different units, allow invoice adjustments to follow initial payments to contractors, transition more of the payment process to computer-based systems, and develop a new contract payment management system.

Strategic Plan 2016 Initiative

9.2.8

Related OneNYC Initiative

1.7.3

Short-Term Milestones (by end of 2017)

Status

Update Description

DOT will reduce processing time for contract payments.

Completed

DOT has successfully reduced processing time for contract payments by 18 percent by moving toward a paperless environment, staff training, and a new streamlined review process, among other efforts. Going forward, DOT aims to speed up contract payments by 50 percent from the FY16 baseline through the implementation of a File Transfer Protocol Site and a more robust Contract Management System.

Medium-Term Milestones (by end of 2021)

Status

Update Description

DOT will launch a new Contract Management System for procurements, change orders, and contract payments.