New York City Comptroller-elect Alan Hevesi, who pushed during his election campaign for more competitive bidding on city bond deals, said he will not immediately move in that direction upon taking office in January.

"There's nothing that we're going to do that is dramatic before we've resolved the first budget," Hevesi said in a series of interviews with The Bond Buyer. New York City faces billions of dollars in projected budget gaps through the life of its financial plan.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.