Loading chat...
NY A07542
Bill
Status
5/25/2023
Primary Sponsor
David Weprin
Click for details
AI Summary
-
Exempts New York City, the city school district, the NYC Industrial Development Agency, the NYC Health and Hospitals Corporation, and the NYC Housing Authority from insurance restrictions for construction contracts with an estimated cost of at least $5 million or subject to owner-controlled insurance programs.
-
Requires contracts of $5 million or more to comply with project labor agreement requirements as defined in New York Labor Law Section 222.
-
Mandates annual reports to the governor, state senate president, and assembly speaker by September 30, 2024 and each year thereafter detailing contract information, procurement processes, award values, insurance savings, and safety data.
-
Report requirements include dispute resolution processes, worker safety comparisons to non-insured projects, and participation rates and dollar values paid to minority-owned, women-owned, emerging, and locally-based certified business enterprises.
-
Takes effect immediately upon enactment.
Legislative Description
Exempts the city of New York, the city school district of the city of New York, the New York city industrial development agency, the New York city health and hospitals corporation, or the New York city housing authority in connection with construction contracts that have an estimated cost of no less than five million dollars or is subject to an owner-controlled insurance program for projects from requirements regarding application to a particular insurance company, agent or broker.
Last Action
substituted by s7385
6/20/2023