New York A06498 amends laws to allow the Long Island Power Authority to enter into contracts for emergency goods and services without certain bidding.

New York A06498 amends the public authorities law, executive law, and state finance law to allow the Long Island Power Authority to enter into contracts for emergency goods and services or short-term public power purchase agreements without being subject to certain bidding and pre-audit requirements. These contracts must be approved by the state comptroller and filed with the comptroller within 48 hours. The authority must also report annually to the comptroller on contracts exceeding $250,000 with third parties.

New York A06498 amends laws to allow the Long Island Power Authority to enter into contracts for emergency goods and services without certain bidding.

New York A06498 amends the public authorities law, executive law, and state finance law to allow the Long Island Power Authority to enter into contracts for emergency goods and services or short-term public power purchase agreements without being subject to certain bidding and pre-audit requirements. These contracts must be approved by the state comptroller and filed with the comptroller within 48 hours. The authority must also report annually to the comptroller on contracts exceeding $250,000 with third parties.