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Bill > A07125


NY A07125

NY A07125
Requires that public contracts be divided by size into large, medium, small and micro contracts for the purpose of increasing opportunities for small businesses, including minority-owned business enterprises and women-owned business enterprises, to participate in state contracts.


summary

Introduced
03/20/2025
In Committee
06/09/2025
Crossed Over
06/09/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the state finance law, in relation to requiring that public contracts be divided by size into large, medium, small and micro contracts for the purpose of increasing opportunities for small businesses to participate in state contracts

AI Summary

This bill modifies the state finance law to require state agencies and the commissioner to divide public contracts into four size categories (large, medium, small, and micro) when feasible, with the primary goal of increasing opportunities for small businesses to participate in state contracts. Specifically, the bill emphasizes creating more access for minority-owned business enterprises (MBEs) and women-owned business enterprises (WBEs), as defined in section 310 of the executive law. The current law already allows for multiple award contracts to support small business participation, but this amendment makes the division of contracts by size a more explicit directive. The bill will take effect 60 days after becoming law, and the new provisions are designed to help smaller businesses compete more effectively for state government contracts by breaking down larger contracts into more manageable sizes that smaller companies can more realistically bid on and fulfill.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (7)

Last Action

REFERRED TO RULES (on 06/09/2025)

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