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Bill > S06315


NY S06315

NY S06315
Establishes expanded construction mentorship opportunities for small and minority and women-owned business enterprises.


summary

Introduced
03/10/2025
In Committee
03/10/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the executive law, the state finance law and the public authorities law, in relation to establishing expanded construction mentorship opportunities for small and minority and women-owned business enterprises

AI Summary

This bill establishes expanded construction mentorship opportunities for small, minority, and women-owned business enterprises (MWBEs) by amending several existing laws. The bill requires state agencies to identify and establish mentorship programs that connect MWBEs with contractors and subcontractors, particularly in situations where there is a direct contractual relationship. For state agencies with over $10 million in service and construction contracts, a voluntary mentor-protege program must be developed to help small and minority-owned businesses improve their capabilities and success in state contracting. The bill also mandates that agencies consult the most current disparity study when calculating participation goals and encourages mentor-protege relationships to help MWBEs gain experience and become more competitive in state contract bidding. Additionally, the bill provides provisions for assisting these businesses in obtaining surety bonds, insurance, and technical support to enhance their ability to participate in public works contracts. The changes aim to create more opportunities for small and minority-owned businesses to grow and succeed in state contracting environments.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

SUBSTITUTED BY A7235 (on 06/11/2025)

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