What's happening
This bill requires certain state contracts of $5 million or less to be reserved for small, minority-, and women-owned businesses.
Why it matters
Expands access to state contracts for underrepresented businesses. By specifically reserving contracts for small, minority-, and women-owned businesses, the bill directly addresses historic barriers to entry in public procurement, potentially leading to greater economic opportunity and diversity in state contracting.
Targets multi-year contracts up to $5 million. These types of contracts are often too large for many small businesses to compete for under normal circumstances, so the reservation could meaningfully increase their share of government business and foster growth or capacity-building.
May influence business development and job creation. Increasing the participation of these enterprises in state contracts can stimulate local economies, support entrepreneurship, and potentially create jobs in communities that have faced systemic disadvantages.
Sets a precedent for other public agencies. If successful, this approach could inspire similar policies in other government departments or at different levels of government, amplifying its impact beyond the Office of General Services.
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Who cares
Headline styles
Reserve Contracts for Small Businesses
Plain English, a few words. Used as the page title.
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History
- Referred to governmental operations
- Referred to governmental operations
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2407
2019-2020 Regular Sessions
IN ASSEMBLY
January 22, 2019
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.
LBD00431-01-9
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.