What's happening
This bill requires certain state contracts under $5 million to be reserved for small, minority-owned, and women-owned businesses.
Why it matters
Directs more state contract opportunities to small, minority-owned, and women-owned businesses. , which can help level the playing field and potentially address historic disparities in public contracting.
Applies specifically to multi-year contracts under $5 million awarded by the Office of General Services. , meaning a significant portion of state spending could shift toward diverse small enterprises, potentially stimulating local economies.
Could increase competition and innovation. by encouraging smaller and more diverse firms to bid for state contracts that might otherwise go to larger, established companies.
May require changes in how state procurement is conducted. , possibly leading to new outreach, support, or compliance measures to ensure eligible businesses can access and benefit from these reserved contracts.
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Who cares
Office of General Services
The bill would require OGS to reserve multi-year centralized contracts worth $5 million or less for small businesses.
Small businesses, including minority- and women-owned enterprises
Qualifying firms would gain access to a pool of OGS contracts reserved for small businesses.
Vendors that do not qualify as small businesses
These vendors would be excluded from competing for OGS multi-year centralized contracts worth $5 million or less.
Headline styles
Reserve Contracts for Small Businesses
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to governmental operations
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
10199
IN ASSEMBLY
March 22, 2018
Introduced by M. of A. BICHOTTE -- read once and referred to the Committee on Governmental Operations
AN ACT to amend the state finance law, in relation to requiring that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 139-g of the state finance law is amended by adding a new subdivision (e) to read as follows:
(e) require that multi-year centralized contracts let by the office of general services with a total value of five million dollars or less be reserved for small businesses as defined in section one hundred thirtyone of the economic development law, including minority-owned business enterprises and women-owned business enterprises as defined in section three hundred ten of the executive law.
§ 2. This act shall take effect on the sixtieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14861-01-8
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.