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NY S08323

NY S08323
Expands the small business mentoring program to include contracts for construction or related services.


summary

Introduced
06/02/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to expanding the small business mentoring program

AI Summary

This bill expands the Metropolitan Transportation Authority's (MTA) small business mentoring program to include contracts for construction and related services. The bill modifies the existing program by broadening the definition of "small business" to include businesses performing construction or related service contracts, instead of just those in construction trades. The program allows eligible small businesses to compete for designated MTA contracts over a ten-year period (five years initially and five additional years after successful program completion). Participants receive mentoring from experienced firms to help them compete for and manage contracts, with contracts typically ranging from $1.5 million to $5 million. The MTA's chair will have the authority to select program participants, designate eligible contracts, and provide technical assistance such as helping businesses obtain surety bonds. The program aims to support small, independently owned businesses by providing them structured opportunities to work on MTA projects. The bill also requires the MTA to submit annual reports to state leaders detailing the program's procurements, including information about participating businesses, contract details, and assistance provided. The changes are designed to help small businesses develop the skills and experience needed to successfully compete for public works and related service contracts.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

REFERRED TO TRANSPORTATION (on 01/07/2026)

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