DASNY celebrates MWBE contracting with minority lawmakers

                                   
This month’s New York State Black, Puerto Rican, Hispanic and Asian Legislators Conference in Albany was a powerful reminder of the value Minority and Women-Owned Business Enterprises (MWBE) contracting delivers to DASNY’s clients. 

MWBE contracting helps provide equal access to achievement. As a leader in the field, DASNY has helped its clients integrate MWBE contracting into their construction and financing opportunities. By doing so, DASNY is helping to strengthen New York’s businesses, said Gerrard P. Bushell, DASNY President & CEO. Bushell, along with DASNY staff, attended the Caucus’s 45th Annual Conference in Albany. 

“We are stronger and more competitive when we all rise together as one state," Bushell said.  “It is paramount that DASNY use its construction and financing pipeline to create opportunity for all of New York State’s businesses.”

Last month, DASNY completed the more than $350 million Bronx Behavioral Health Campus for the New York State Office of Mental Health. The project surpassed the 30 percent MWBE participation goal set by Governor Cuomo.        

Southern Tier hospitals to acquire life-saving equipment through DASNY

Two Southern Tier hospitals that help comprise United Health Services Hospitals, Inc. (UHSH) received approval from DASNY’s Board to enter into an $8.8 million, tax-exempt lease for medical and technology equipment. 

The deal delivers savings to the hospitals via DASNY’s Tax Exempt Leasing Program (TELP). Through TELP, Wilson Memorial Hospital in Johnson City will obtain a $2 million CT Scanner, digital X-Ray equipment and a replacement phone system for its clinic, among other items. Binghamton General Hospital in Binghamton will obtain a comprehensive financial planning system. Binghamton will share with Wilson Memorial new surgical lights and tools, anesthesia medication carts and IT infrastructure applications. UHSH will own the equipment at the end of the 5-year lease.

Carmen Mazzotta, an advisor to the United Health Services Hospitals and Health Capital Partners LTD President, said UHSH uses TELP on an annual basis and has executed deals totaling almost $100 million. 

“This partnership is built on trust, loyalty and confidence,” Mazzota said. “The annual interest savings achieved through TELP helps participating hospitals like UHSH to provide quality hospital services and technologies at a lower cost.”

Through TELP, DASNY partners with its clients and private businesses that lend for capital equipment leases. DASNY’s ability to enter into tax-exempt leases lowers interest rates for its clients. DASNY guides clients through every step of the process, including obtaining approvals from the New York State Department of Health.