Increases the city of New York procurement limit for businesses owned by women and minorities from one million dollars to one million, five hundred thousand dollars.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A7334
SPONSOR: Bichotte Hermelyn
 
TITLE OF BILL:
An act to amend the New York city charter, in relation to the procure-
ment limit for businesses owned by women and minorities
 
PURPOSE OR GENERAL IDEA OF BILL::
To increase the city's discretionary spending threshold to $1.5 million
for non-competitive contracts and includes construction.
 
SUMMARY OF PROVISIONS::
Section 1: Paragraph 1 of subdivision i of section 311 of the New York
city charter, as amended by chapter 569 of the laws of 2022, would
allows for agencies to make procurements not exceeding one million, five
hundred thousand dollars of goods, services and construction from MWBEs
without a formal competitive process.
Section 2: Sets forth the effective date.
 
JUSTIFICATION:
This increase in discretionary spending by city agencies allows minority
and women-owned businesses the opportunity to bid on contracts without
the financial and laborious burdens that come with following a formal
bidding process.
 
LEGISLATIVE HISTORY::
New Bill
 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS::
None.
 
EFFECTIVE DATE::
This act shall take effect immediately
STATE OF NEW YORK
________________________________________________________________________
7334
2023-2024 Regular Sessions
IN ASSEMBLY
May 17, 2023
___________
Introduced by M. of A. BICHOTTE HERMELYN -- read once and referred to
the Committee on Governmental Operations
AN ACT to amend the New York city charter, in relation to the procure-
ment limit for businesses owned by women and minorities
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph 1 of subdivision i of section 311 of the New York
2 city charter, as amended by chapter 569 of the laws of 2022, is amended
3 to read as follows:
4 1. agencies may make procurements of goods, services and construction
5 for amounts not exceeding one million, five hundred thousand dollars
6 from businesses certified as minority or women-owned business enter-
7 prises pursuant to section thirteen hundred four of the charter without
8 a formal competitive process.
9 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11322-01-3