NY S04888

Requires the commissioner of economic development to publish contract award announcements in the procurement opportunities newsletter upon receiving notice from an agency.

Mandates that contract award announcements include the contract identification, award date, and the name and contact information for each contract recipient.

Requires state agencies to submit contract award announcements to the procurement opportunities newsletter at the time a contract is entered into, including the same identification, date, and recipient information.

Takes effect on the thirtieth day after the bill becomes law, with authority granted to adopt necessary rules and regulations immediately upon enactment.