What's happening
This bill gives preference in state contract awards to New York-based businesses whose bids are within 5% of the lowest bid.
Why it matters
Strengthens local economies. By giving New York-based businesses a better chance to win state contracts, the bill aims to keep more government spending within the state, potentially supporting job creation and business growth locally.
Encourages businesses to establish deeper roots in NY. The preference is only granted to companies with headquarters and the majority of both revenue and employees in New York, incentivizing firms to expand their presence and operations within the state rather than just maintaining a nominal address.
Narrows the price gap tolerance. The bill only applies the preference if a New York business’s bid is within 5% of the lowest bid, which helps balance supporting local companies with the need for fiscal responsibility and cost-effectiveness in state procurement.
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Who cares
Headline styles
Favor NY Firms for Contracts
Plain English, a few words. Used as the page title.
Sponsors
History
- Referred to governmental operations
- Referred to governmental operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Favor NY Businesses for Contracts
In Senate Committee · Finance · Sponsor Joseph E. Robach
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4415
2019-2020 Regular Sessions
IN ASSEMBLY
February 4, 2019
Introduced by M. of A. DenDEKKER -- read once and referred to the Committee on Governmental Operations
AN ACT to amend the state finance law, in relation to granting a preference to New York State businesses in the state contract award process
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 162 of the state finance law is amended by adding a new subdivision 2-a to read as follows:
2-a. Preferred status for bids. a. Preferred status, as prescribed in this section, shall be accorded to bids where such bid's commodities or services are produced by a company whose headquarters and primary business presence are located in New York state and such bid was within five percent of the winning bid. A company's primary business presence is located in New York state when it realizes more than fifty percent of its combined gross revenues from business activity generated in New York state and has more than fifty percent of its full-time equivalent employees employed in New York state.
b. When preferred status is given to multiple bids, the best preferred status bid shall be considered the winning bid.
§ 2. This act shall take effect one year after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05160-01-9
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.