VENDOR / CONTRACTORMEDIUM RISK

Aramark Corporation

Food Services Contractor — NYC Shelters

CONTRACT EXPOSURE

$3.2M+/yr

SHELTERS LINKED

FLAGS

1 (0 critical, 1 warning)

ACTIVE INVESTIGATIONS

PROFILE

Aramark Corporation (NYSE: ARMK) provides food services at NYC DHS shelters including Bellevue Men's Shelter. The Bellevue contract ($3.2M/yr) was renewed in 2021 without a competitive bidding process — a renewal flagged by the NYC Comptroller's office in 2023. Aramark is a Fortune 500 company with extensive government food service contracts nationally.

ANNUAL CONTRACT VALUE

$3.2M (Bellevue)

TICKER

NYSE: ARMK

COMPTROLLER FLAG

2023 — renewal without competitive bid

FLAGS & CONCERNS (1)

CONTRACT RENEWAL WITHOUT COMPETITIVE BID — COMPTROLLER FLAG2023

The Bellevue shelter food services contract was renewed in 2021 without public RFP. NYC Comptroller flagged the renewal in 2023 as improper procurement.

SOURCE: NYC Comptroller

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