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NY A09892
Bill
Status
4/20/2012
Primary Sponsor
Charles Lavine
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AI Summary
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Creates Article 17-A in New York Executive Law establishing a statewide certification program for veteran-owned business enterprises to participate in state contracts and housing projects.
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Requires state agencies to structure procurement procedures and set goals of 3% participation by certified veteran-owned businesses in construction, professional services, non-construction services, commodities, and overall procurement.
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Defines veteran-owned business enterprises as businesses at least 51% owned by a New York resident veteran with honorable discharge, exercising independent control, with owner personal net worth not exceeding $3.5 million.
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Establishes a Director of the Division of Veteran-Owned Business Development to certify businesses, maintain a directory, promulgate regulations, and enforce compliance through administrative hearings and penalty provisions including bid ineligibility for up to 5 years.
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Requires contractors to submit utilization plans showing good faith efforts to use certified veteran businesses as subcontractors, with provisions for waivers based on unavailability of qualified vendors in the region.
Legislative Description
Provides opportunities for veteran-owned business enterprises.
Last Action
referred to veterans' affairs
4/20/2012