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NY S06981

Bill

Official Source

Status

Passed

11/21/2014

Primary Sponsor

Michael Ranzenhofer

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Raises the financial threshold for construction contracts that require public bidding from $40,000 to $80,000 for the Dormitory Authority of the State of New York
  • Allows directors of the corporation to award contracts without public bidding when the estimated cost is $80,000 or less
  • Applies to contracts under the Facilities Development Corporation Act (Chapter 359 of the Laws of 1968)
  • Takes effect immediately upon enactment

Legislative Description

Increases the threshold amount for the requirement for public bidding of construction contracts let by the facilities development corporation.

Last Action

SIGNED CHAP.467

11/21/2014

Committee Referrals

Ways and Means5/20/2014
Corporations, Authorities and Commissions4/9/2014

Full Bill Text

No bill text available