Bill > A07233

This bill amends the New York State Executive Law to require state agencies to structure their property management contracts with a specific procurement goal: awarding 30 percent of such contracts to minority and women-owned business enterprises (MWBEs). The legislation mandates that when state agencies contract for property managers of residential and commercial buildings, they must ensure that at least 30 percent of these contracts go to MWBEs. The director of the relevant agency is tasked with creating rules and regulations to implement and enforce this requirement. The bill will take effect immediately but will only apply to state contracts executed on or after January 1, 2024, and will not impact contracts that have already been awarded or have pending bids or proposals prior to that date. This legislation aims to increase opportunities for minority and women-owned businesses in state property management contracting, promoting greater diversity and inclusion in government procurement practices.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7233