regulatory
confidence high
sentiment neutral
materiality 0.65
HPD assures DocGo it will compel NYC Comptroller to process payments under asylum-seeker contract
DocGo Inc.
- NYC Comptroller returned DocGo's HPD contract without approval on Sept 5.
- HPD letter dated Sept 6 says it will inform Comptroller he must take steps for payment.
- HPD states there is no risk of non-payment and payment will commence promptly.
- Contract is for provision of services to asylum seekers; subsidiary Rapid Reliable Testing NY LLC is counterparty.