New York A10741 amends state finance law to improve contracting procedures between state agencies and not-for-profit organizations.

New York A10741 amends the state finance law to enhance contracting procedures between state agencies and not-for-profit organizations. It establishes a not-for-profit contracting advisory committee to advise on the implementation and operation of the not-for-profit short-term revolving loan fund. The bill mandates that state agencies notify not-for-profit organizations of material defects in delivered goods, property, or services, or in invoices, within fifteen days of receipt.

New York A10741 amends state finance law to improve contracting procedures between state agencies and not-for-profit organizations.

New York A10741 amends the state finance law to enhance contracting procedures between state agencies and not-for-profit organizations. It establishes a not-for-profit contracting advisory committee to advise on the implementation and operation of the not-for-profit short-term revolving loan fund. The bill mandates that state agencies notify not-for-profit organizations of material defects in delivered goods, property, or services, or in invoices, within fifteen days of receipt.