June 28, 2012 •
New York Legislature Passes Bill Aimed at Saving Counties Money
Both houses of the New York state Legislature recently passed a bill aimed at lowering procurement costs for municipalities. Senate Bill 5525 authorizes state municipalities to piggyback off existing public contracts entered into by the federal government, any state, or any municipalities within those states.
New York state municipalities will still have to abide by state contracting rules when utilizing this piggybacking ability. Therefore, the original contract must have utilized competitive bidding when necessary and the municipalities must still comply with the laws regarding minority and women owned businesses as well as any preferred source requirements.
The bill will now head to Governor Andrew Cuomo’s desk where he will decide whether to sign it into law or veto it.
Photo of the New York State Capitol by UpStateNYer on Wikipedia.
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