New York S04366 amends the public authorities law to mandate the awarding of contracts to small businesses or businesses certified under article 15-A.
New York S04366 amends the public authorities law by adding a new subdivision to section 1678. This amendment requires the awarding of contracts for the procurement of goods or services to small businesses and businesses certified under article 15-A of the executive law. The procurements must follow the authority's procurement policy and guidelines, which include a competitive process, benchmarks for payments, and an annual assessment of effectiveness.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.