Directs contracting state agencies to develop a growth plan in order to increase participation of MWBEs with respect to state contracts and subcontracts

Title of bill

An act to amend the executive law, in relation to directing contracting state agencies to develop a growth plan in order to increase participation of MWBEs with respect to state contracts and subcontracts

Purpose or general idea of bill

This bill increases Minority and Women-Owned Business Enterprise participation in state contracts by requiring state agencies to develop a three year growth plan that determines ways that most effectively allow for this increase to occur.

Summary of specific provisions

Section 1 requires all contracting state agencies to develop a three growth plan that determines their proposed means of promoting MWBE participation, and to then submit it to the Governor and legislature as part of New York State's yearly annual report. This report should also specify the number of actual contracts issues to MWBE's for that year.

Section 2 defines the effective date of this act.

Justification

In order to achieve the proposed 30% MWBE goal outlined by Governor. Cuomo, it is critical that each agency produces a publicly known plan of action on how it will achieve MWBE funding and procurement. Such a plan should include recommendations for outreach, funding support, training and development, joint venture collaboration and calendar. The plan needs to be submitted and approved by the appropriate legislative committees impacted by said agency to ensure that it is a viable plan of action to achieve MWBE participation and success.

Prior legislative history

Not yet introduced.

Fiscal implications

To be determined

Effective date

This act shall take effect on the ninetieth day after it becomes a law.