Bill > A00995

This bill aims to change how the state determines the lowest responsible bidder for public contracts by introducing a more comprehensive evaluation method that goes beyond just the monetary bid amount. Specifically, the bill requires the state comptroller to establish a new process for contract bidding that incorporates quantifiable fiscal benefits, such as the location of subcontractors, potential job creation in the state, estimated tax revenue, and overall economic activity generated by the contract. The bill also introduces an "in-state contractor preference" provision that would automatically reduce bids from local contractors by 5% during the evaluation process. To qualify as an in-state contractor, a business must be located within the state, hire primarily state residents, use local subcontractors, and demonstrate that the contract will generate tax revenue and economic activity for the state. The goal of these provisions is to encourage economic development within the state by giving preference to local businesses and considering broader economic impacts when awarding state contracts, rather than solely focusing on the lowest upfront monetary bid.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A995