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NY A08864
Bill
Status
11/22/2024
Primary Sponsor
Jenifer Rajkumar
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AI Summary
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Replaces public hearing requirements with online notice and comment period for NYC contracts exceeding $100,000 that are not awarded through competitive sealed bidding, with comments accepted for at least 7 days as determined by the procurement policy board.
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Requires contract notices published in the City Record to include: agency name, procurement identification number, description of goods/services/construction, method of source selection, proposed vendor name and address, project location, and contract dollar amount.
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Exempts from notice and comment requirements: emergency procurements, accelerated procurements due to market price fluctuations, and procurements where notice would disclose litigation strategy.
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Allows the procurement policy board to exempt contracts materially similar to existing city contracts with the same parties, except those exceeding $10 million in value.
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Requires annual reporting to state and city officials by September 30 beginning in 2025 on the number of contracts with public notice and comment, their dollar values, and any threshold modifications.
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Becomes effective 180 days after enactment and expires October 1, 2030.
Legislative Description
Requires public notice and comment for any contract for goods, services or construction to be awarded by other than competitive sealed bidding or competitive sealed bids from prequalified vendors in excess of a threshold established by the procurement policy board by rule; provides for the repeal of such provisions upon the expiration thereof.
Last Action
signed chap.483
11/22/2024