Bill

Bill > S03919


NY S03919

NY S03919
Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.


summary

Introduced
02/01/2021
In Committee
04/26/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.

AI Summary

This bill aims to increase participation by certified minority and women-owned business enterprises (MWBEs) in state contracts and subcontracts. It requires quarterly reporting from contracting agencies on MWBE participation, including the number of contracts awarded to MWBEs, the maximum dollar amount obligated, and total expenditures. The bill also addresses consequences for agencies that fail to comply with the reporting requirements, including potential audits. Additionally, the bill encourages joint ventures, partnerships, and mentor-protege relationships between prime contractors and MWBEs. It also makes changes to bond and paperwork requirements to help MWBEs compete more effectively for state contracts.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 04/26/2022)

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