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Sponsors
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History
- Referred to transportation
- Referred to transportation
Full text
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Sponsor's memo
BILL NUMBER:S4715
Title of bill
An act to amend the highway law, in relation to the threshold amount of requiring a project to be subject to competitive bidding
Purpose
To allow municipalities the flexibility to waive taxes levied on the property of a neighboring municipal electric company.
Summary
Section 1 amends Paragraph (e) of Subdivision 4 of Chapter 10-C of the Highway law to increase the dollar amount for which competitive bidding is required for annual local assistance allocations.
Section 2 provides this act shall take effect immediately.
Justification
Regular incremental raises in the competitive bidding threshold for highway projects are necessary to compensate for increases in inflation as well as material, transportation, labor and other costs.
By current law, the local assistance funds allocated for local street or highway projects under this subdivision in the Highway Law are used to undertake work on projects either with the municipality's own forces or by contract. When the estimate for the contract work exceeds $100,000 the work must be performed by contract let by competitive bid in accordance with the provisions for competitive bidding in the General Municipal Law.
This bill would increase the amount for which work must be contracted through a competitive bid from $100,000 to $250,000.
The last increase in the competitive bidding threshold was done in the mid 1980's to bring the threshold up from $70,000 to the current $100,000 level. Another increase is overdue.
Legislative history
S.1139 of 2008 - Referred to Transportation S.1139 of 2007 - Referred to Transportation S.4917 of 2006 - Referred to Transportation S.4917 of 2005 - Referred to Transportation
Fiscal implications
None to the state.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.