The Roosevelt Island Operating Corp (RIOC) Board of Directors will meet Thursday April 9 in the Good Shepherd Community Center (543 Main Street) beginning at 5:30 PM.
You’re invited to attend, ask questions and share concerns about Roosevelt Island during the opening Public Session before the start of the RIOC Board meeting. Sign up to speak here before 10 AM of the meeting day.
Among the Agenda Items are:
… 2. Authorization to Enter into a Contract Extension with G&G Process Services Inc. d/b/a G&G Municipal Consulting & Grant Writing (Board Action Required)
3. Authorization to Enter into Task Order with Leitner-Poma of America O&M, Inc. for the Aerial Tramway Carriage and Brakes Overhaul (Board Action Required)…
According to this March 30, 2026 Memo from RIOC Chief Operating Officer Mary Cunneen:
The Roosevelt Island Aerial Tramway is in need of a carriage and brake long-term overhaul. Leitner POMA of America Inc. (POMA) under its Aerial Tramway Operation & Maintenance Agreement (“O&MA”) with RIOC performs long-term overhauls as part of its contractual obligations….
… The work is scheduled to begin in September 2026 and will require one cabin to be out of service through early November 2026.
Pricing:
Under its O&MA, POMA performs long-term overhauls as part of its contractual obligations. The total estimate for the carriage and brake overhaul is $1,599,838.63, inclusive of a 10% contingency.
Notably, the estimate also includes a 15% tariff on materials imported from France….
Also, according to this March 24, 2026 memo from RIOC Chief Financial Officer Dhru Amin:
In December 2024, RIOC issued an RFP for grant writing services. Based on the best value method, the one-year contract in the amount of $75,000 was awarded to G&G Municipal Consulting and Grant Writing (“G&G”) to provide grant consulting services, including grant research, identifying funding opportunities, proposal development, application submissions, application management and deadline tracking and post-award grant administration. The existing contract is set to expire on March 24, 2026. This contract award initially did not require Board approval at the time; however, Board approval is now required for this one-year contract extension due to the fact that by
extending the term of the contract, this contract becomes a multi-year contract….… G&G has identified and evaluated multiple grant opportunities aligned with RIOC priorities. G&G has prepared and submitted ten grant applications on behalf of RIOC and will continue to do so as there are other funding opportunities in the pipeline. G&G has secured $867,000 in awarded grant funding. G&G has submitted additional applications totaling $14.88MM in requested funding, currently pending. G&G has established a pipeline of $11MM in prospective opportunities for future submission. G&G is positioning RIOC for continued success in external funding.
Through G&G’s consulting engagement, RIOC established key relationships with funding agencies and successfully secured $517k in FEMA claim reimbursements related to Covid-19 expenses.
The justification for one-year extension ensures continuity of critical grant consulting services, avoids disruption to ongoing and pending grant applications, positions RIOC to pursue larger and more complex funding opportunities, establishes a longer-term relationship that improves strategic
planning and outcomes and strengthens continuity in relationships with funding agencies and partners….
Click here for the full RIOC Board Materials package for the April 9 meeting.