Bill
Bill > S08303
NY S08303
NY S08303Increases the small purchase threshold for purchase contracts for supplies, materials or equipment involving an estimated expenditure in excess of the New York city school construction authority from ten thousand dollars to one hundred thousand dollars.
summary
Introduced
05/30/2025
05/30/2025
In Committee
05/30/2025
05/30/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the public authorities law, in relation to increasing the small purchase threshold for purchase contracts of the New York city school construction authority
AI Summary
This bill amends the Public Authorities Law to increase the small purchase threshold for the New York City School Construction Authority (SCA) from $10,000 to $100,000. Currently, the SCA is required to obtain sealed bids and award contracts to the lowest responsible bidder for purchase contracts of supplies, materials, or equipment that exceed $10,000. The proposed change would raise this threshold to $100,000, which means the SCA would have more flexibility in making purchases under $100,000 without going through the formal sealed bidding process. The bill does not change the existing rule for public work contracts, which remain at a $50,000 threshold. By increasing the small purchase threshold, the bill aims to potentially reduce administrative burden and streamline procurement processes for the SCA while maintaining competitive bidding requirements for larger purchases. The amendment takes effect immediately upon passage.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO PROCUREMENT AND CONTRACTS (on 05/30/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S8303 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08303&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08303 |
Loading...