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Bill > S09148


NY S09148

NY S09148
Requires that each agency letting contracts for the hiring of property managers for residential and commercial buildings structure procurement goals for such contracts that include the award of thirty percent of such contracts to minority and women-owned business enterprises; provides for the promulgation of rules and regulations.


summary

Introduced
02/06/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the executive law, in relation to requiring that thirty percent of state agency property management contracts be awarded to minority and women-owned business enterprises

AI Summary

This bill mandates that state agencies awarding contracts for property management services for residential and commercial buildings must set procurement goals to ensure that thirty percent of these contracts are awarded to minority and women-owned business enterprises (MWBEs), which are businesses owned by individuals from racial or ethnic minority groups or women. The Director of the relevant agency is responsible for creating rules and regulations to implement and enforce this requirement, which will apply to state contracts signed on or after January 1, 2024, excluding those already awarded or with pending bids or requests for proposals issued before that date.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO PROCUREMENT AND CONTRACTS (on 02/06/2026)

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