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Bill > A08881


NY A08881

NY A08881
Expands the small business mentoring program to include contracts for construction or related services.


summary

Introduced
06/09/2025
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 legislation modifies the existing program by broadening the definition of "small business" to encompass businesses performing construction or related service contracts, instead of just those in construction trades. The program allows eligible small businesses (defined as independently owned companies with annual revenues not exceeding $10 million) to participate in a mentoring initiative that provides opportunities to compete for MTA contracts. Participants can receive up to five years of support, including guidance from an authority-provided mentor who helps them compete for and manage contracts, and potentially an additional five years of continued support and opportunities. The bill also establishes provisions for contract selection, mentor responsibilities, and reporting requirements, including an annual report to state leadership detailing procurement processes, contract specifics, and support provided to minority-owned, women-owned, and disadvantaged businesses. The mentors will be required to provide business training, technical assistance, and guidance to help small businesses successfully compete for and perform MTA contracts. The program aims to support and develop small businesses in the construction and related services sectors by providing structured mentorship and competitive opportunities.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

referred to corporations, authorities and commissions (on 01/07/2026)

bill text


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