New York A07233 mandates state agencies to allocate 30% of property manager contracts to minority and women-owned businesses.
New York A07233 amends the executive law to require state agencies to set procurement goals for property manager contracts, ensuring 30% of such contracts are awarded to minority and women-owned business enterprises. The act applies to contracts executed on or after January 1, 2024, excluding those already awarded or with pending bids. The director is tasked with promulgating rules and regulations to enforce these provisions.
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