New York A05001 mandates cost comparison reviews for consultant contracts over $1 million, requiring state agencies to evaluate if services can be.

New York A05001 amends the state finance law to require state agencies to conduct a cost comparison review before entering into consultant services contracts costing over $1 million annually. The review must determine if the services can be performed at equal or lower cost by state employees. If a cost savings of 10% or more is identified and the quality of service will not diminish, the agency must develop a business plan to evaluate the contract's feasibility.

New York A05001 mandates cost comparison reviews for consultant contracts over $1 million, requiring state agencies to evaluate if services can be.

New York A05001 amends the state finance law to require state agencies to conduct a cost comparison review before entering into consultant services contracts costing over $1 million annually. The review must determine if the services can be performed at equal or lower cost by state employees. If a cost savings of 10% or more is identified and the quality of service will not diminish, the agency must develop a business plan to evaluate the contract's feasibility.