New York S 7730: Requires state contracts with construction firms reserve a percent of such contract to soft cost spending towards small businesses

Bill Text

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S07730 Summary:

BILL NOS07730A

&nbsp

SAME ASNo Same As

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SPONSORBASKIN

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COSPNSR

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MLTSPNSR

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Add §136-e, St Fin L

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Requires state contracts with construction firms reserve a percent of such contract to soft cost spending towards small businesses located near the construction site; defines what qualifies as soft cost spending.

Go to top S07730 Actions:

BILL NOS07730A

&nbsp

05/02/2025REFERRED TO PROCUREMENT AND CONTRACTS

05/13/2025REPORTED AND COMMITTED TO FINANCE

06/03/2025AMEND (T) AND RECOMMIT TO FINANCE

06/03/2025PRINT NUMBER 7730A

01/07/2026REFERRED TO PROCUREMENT AND CONTRACTS

05/05/20261ST REPORT CAL.967

05/06/20262ND REPORT CAL.

05/07/2026ADVANCED TO THIRD READING 

06/05/2026COMMITTED TO RULES

Go to topS07730 Committee&nbspVotes:

Go to topS07730 Floor&nbspVotes:

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

Go to topS07730 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7730--A

 2025-2026 Regular Sessions

 IN SENATE

 May 2, 2025
 ___________

 Introduced by Sen. BASKIN -- read twice and ordered printed, and when
 printed to be committed to the Committee on Procurement and Contracts
 -- reported favorably from said committee and committed to the Commit-
 tee on Finance -- committee discharged, bill amended, ordered
 reprinted as amended and recommitted to said committee

 AN ACT to amend the state finance law, in relation to requiring
 construction contracts entered into by the state include a provision
 on the spending of soft cost funding

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

 1 Section 1. The state finance law is amended by adding a new section
 2 136-e to read as follows:
 3 § 136-e. Soft cost spending for construction contracts. 1. For the
 4 purposes of this section, the following terms shall have the following
 5 meanings:
 6 (a) "Soft costs" (i) shall mean purchases of non-construction specific
 7 materials and services, including, but not limited to:
 8 (1) office supplies;
 9 (2) catering;
 10 (3) maintenance materials; and
 11 (4) security services; and
 12 (ii) shall not mean:
 13 (1) pre-construction costs, including legal services, site planning,
 14 architectural, and engineering costs; or
 15 (2) labor directly related to the construction project.
 16 (b) "Professional firm" shall mean any individual or sole proprietor-
 17 ship, partnership, corporation, association or other legal entity
 18 permitted by law to practice the profession of construction.
 19 (c) "Small business" shall have the same meaning as such term is
 20 defined in section one hundred thirty-one of the economic development
 21 law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11688-02-5

 S. 7730--A 2

 1 (d) "State agency" shall have the same meaning as defined in subdivi-
 2 sion nine of section one hundred sixty of this article.
 3 2. It is the policy of New York state to negotiate contracts for
 4 constructions on the basis that such professional firms spend a percent
 5 of such contract on soft costs to support local small businesses.
 6 3. (a) Prior to entering into a contract with a state agency, all
 7 professional firms shall submit to such state agency a spending plan
 8 accounting for its anticipated soft cost spending during the course of
 9 the contract. The spending plan shall require that all soft cost spend-
 10 ing be spent on small businesses within a ten-mile radius of the
 11 construction site. If a professional firm shows it has exhausted utili-
 12 zation of all applicable small businesses within a ten-mile radius and
 13 has still not reached its spending plan goal, it may utilize small busi-
 14 nesses located within the county in which the construction site is
 15 located. The spending plan shall account for twenty percent of the total
 16 anticipated soft costs as listed in the spending plan if the
 17 construction site is located in a city with a population of one million
 18 or more; for construction sites located in cities with a population
 19 fewer than one million, the spending plan shall account for fifteen
 20 percent of the total amount of anticipated soft costs as listed in the
 21 spe