Bill

Bill > A07519


NY A07519

NY A07519
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
05/13/2021
In Committee
01/05/2022
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 in state contracts and subcontracts by certified minority and women-owned business enterprises (MWBEs). It requires quarterly reporting from contracting agencies on MWBE utilization, including the number of contracts awarded, maximum dollar amounts obligated, and total expenditures. The bill also addresses consequences if an agency fails to comply with the reporting requirements, allowing the director to impose sanctions, penalties, or fines. Additionally, the bill encourages joint ventures, partnerships, and mentor-protege relationships between prime contractors and MWBEs. It also makes changes to performance and payment bond requirements, allowing certain dispensations for small businesses, MWBEs, and contracts under specific dollar amounts.

Committee Categories

Government Affairs

Sponsors (7)

Last Action

print number 7519a (on 05/18/2022)

bill text


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