New York A00506 amends state finance law to define noncompliant state agencies and establish procedures for their contracts with not-for-profit.
New York A00506 amends the state finance law to define a noncompliant state agency as one that fails to execute certain contracts within required time frames. Specifically, a state agency is deemed noncompliant if, for six of the last twelve months, it has failed to submit renewal contracts to the attorney general when not-for-profit organizations are involved, failed to submit contracts before commencement, or failed to fully execute contracts before their start date.
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