New York A07087 mandates that multi-year centralized contracts with a value of $5 million or less issued by the Office of General Services be.

A07087 amends the state finance law by adding a new provision that requires multi-year centralized contracts with a total value of five million dollars or less, issued by the Office of General Services, to be reserved for small businesses. These small businesses include minority-owned business enterprises and women-owned business enterprises, as defined by the economic development law and the executive law, respectively. This act will take effect 60 days after it becomes law.

New York A07087 mandates that multi-year centralized contracts with a value of $5 million or less issued by the Office of General Services be.

A07087 amends the state finance law by adding a new provision that requires multi-year centralized contracts with a total value of five million dollars or less, issued by the Office of General Services, to be reserved for small businesses. These small businesses include minority-owned business enterprises and women-owned business enterprises, as defined by the economic development law and the executive law, respectively. This act will take effect 60 days after it becomes law.