Bill > S07730

This bill requires state construction contracts to include a provision mandating that professional firms spend a percentage of their contract on soft costs (non-construction specific materials and services like office supplies, catering, and security services) from small businesses located within a ten-mile radius of the construction site. Specifically, firms must submit a spending plan before contract execution that allocates 20% of soft costs for construction sites in cities with over one million people, or 15% for smaller cities. Professional firms must submit quarterly reports detailing their soft cost spending, and if they fail to comply for two consecutive quarters, the state agency can withhold future public funding. The bill defines key terms such as "soft costs," "professional firm," and "small business," and ensures that these new requirements do not conflict with existing minority and women-owned business enterprise contracting goals. The legislation will apply only to contracts executed on or after its effective date, aiming to support local small businesses near construction projects.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S7730