New York S 3612: Requires the MTA to submit an annual report on all contract cost overruns that exceed one million dollars

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S03612 Summary:

BILL NOS03612 

&nbsp

SAME ASSAME AS A09084

&nbsp

SPONSORHELMING

&nbsp

COSPNSRMATTERA

&nbsp

MLTSPNSR

&nbsp

Amd §162, St Fin L

&nbsp

Grants a preference to New York state businesses in the state contract award process where the New York state business' bid is within five percent of the winning bid.

Go to top S03612 Actions:

BILL NOS03612 

&nbsp

01/29/2025REFERRED TO PROCUREMENT AND CONTRACTS

01/07/2026REFERRED TO PROCUREMENT AND CONTRACTS

Go to topS03612 Committee&nbspVotes:

Go to topS03612 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS03612 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3612

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

 Introduced by Sens. HELMING, MATTERA -- read twice and ordered printed,
 and when printed to be committed to the Committee on Procurement and
 Contracts

 AN ACT to amend the state finance law, in relation to granting a prefer-
 ence to New York State businesses in the state contract award process

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 162 of the state finance law is amended by adding a
 2 new subdivision 2-a to read as follows:
 3 2-a. Preferred status for bids. a. Preferred status, as prescribed in
 4 this section, shall be accorded to bids where such bid's commodities or
 5 services are produced by a company whose headquarters and primary busi-
 6 ness presence are located in New York state and such bid was within five
 7 percent of the winning bid. A company's primary business presence is
 8 located in New York state when it realizes more than fifty percent of
 9 its combined gross revenues from business activity generated in New York
 10 state and has more than fifty percent of its full-time equivalent
 11 employees employed in New York state.
 12 b. When preferred status is given to multiple bids, the best preferred
 13 status bid shall be considered the winning bid.
 14 § 2. This act shall take effect one year after it shall have become a
 15 law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08234-01-5

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps