NY S01757

Requires contracting agencies to contact minority and women-owned business enterprises (MWBEs) listed on utilization plans within five business days after sending an award letter to the prime contractor.

Mandates prime contractors execute subcontractor agreements and provide work assignments to MWBEs listed in utilization plans within 45 days of contract award, with failure resulting in contractor disqualification and contract re-award to next lowest bidder.

Requires prime contractors to pay MWBEs within 20 days of receiving each payment from the contracting agency, with violation penalties including contractor disqualification and contract re-award.

Prohibits changes to MWBEs listed on original utilization plans after submission and requires contracting agencies to notify contractors of deficiencies within 10 days, with 7 days to remedy.

Allows certified minority-owned businesses and dually-certified minority/women-owned businesses to self-certify and perform work to meet contract goals; certified women-owned businesses may only self-certify for women-owned goals and must utilize a certified minority-owned enterprise for minority goals.