In response, the Bloomberg administration is planning to replace the hodgepodge of agencies dealing with competitive contracts with a centralized office, potentially saving nonprofit
groups hundreds of millions of dollars a year in administrative expenses.
Not exact matches
Two
years ago it was spending
hundreds of millions of dollars on venture capital investments in food delivery,
group buying, and house cleaning — not to bet on the next big thing, but to add users for its payment system.
A
year before the indictment
of top Cumo aides and important Upstate business leaders, leading transparency and fiscal watchdog
groups warned that the state's use
of a mixture
of non-profit
groups like Fort Schuyler Management Corporation, SUNY Polytechnic and SUNY Research Foundation to award business subsidy contracts «[b] lurred responsibility and reduced the accountability for decisions worth
hundreds of millions of dollars.»
The Citizens Budget Commission, a nonprofit financial watchdog
group, in a report last week, predicted that even with the planned fare increases, the MTA stands to post budget deficits in the
hundreds of millions of dollars in the next several
years without a new revenue stream to fund the subway plan.
Also: «Koch brothers»
groups are spending
hundreds of millions of dollars to buy elections this
year.»
The
groups, made up
of Cuomo appointees, award
hundreds of millions of public
dollars a
year to job creation plans.
Leading mutual fund provider Vanguard
Group has recommended the technique for
years and has processed
hundreds of millions of dollars in backdoor Roth contributions.
Updated: Advanced Equities, the Chicago investment
group that has raised
hundreds of millions of dollars for cleantech startups in recent
years, is shutting down its broker - dealer operations, reports Fortune's Dan Primack.
«China Oceanwide Holdings
Group Co. and its chairman, Lu Zhiqiang, have poured
hundreds of millions of dollars into U.S. West Coast commercial and residential real estate in the past two
years, far from the company's traditional turf
of projects in cities such as Beijing and Wuhan.»