New York S09148 mandates that state agencies award 30% of property manager contracts to minority and women-owned businesses.
New York S09148 amends the executive law to require state agencies to set procurement goals for property manager contracts, ensuring that 30% of such contracts are awarded to minority and women-owned businesses. The bill also mandates the promulgation of rules and regulations to enforce these provisions. This change applies to contracts executed on or after January 1, 2024, excluding those already awarded or with pending bids or proposals.
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