Bill Text: NY S00921 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to the definition of prevailing market price and to preferred source subcontracts; authorizes a preferred source to subcontract an incidental portion of a contract to a vendor that is or is not a preferred source, provided that such subcontract does not diminish bona fide employment opportunities for persons who could otherwise be new clients of an entity previously accorded preferred source status.
Sponsorship: Moderate Partisan Bill (Republican 6-1)
Status: (Introduced - Dead) 2019-01-09 - REFERRED TO FINANCE [S00921 Detail]
Download: New_York-2019-S00921-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 921 2019-2020 Regular Sessions IN SENATE January 9, 2019 ___________ Introduced by Sens. YOUNG, BOYLE, GRIFFO, HELMING, ORTT, SEPULVEDA, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to the definition of prevailing market price and in relation to preferred source subcon- tracts The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 6 of section 162 of the state finance law is 2 amended by adding a new paragraph g to read as follows: 3 g. For the purposes of this subdivision only, "prevailing market 4 price" shall mean the average price at which vendors of the same or 5 similar product or service regularly engaged in the business of selling 6 such product or service offers to sell such product or service under 7 similar terms in the same market. 8 § 2. Section 162 of the state finance law is amended by adding a new 9 subdivision 6-a to read as follows: 10 6-a. Preferred source subcontracts. Pursuant to guidelines established 11 by the state procurement council, a preferred source may subcontract an 12 incidental portion of a contract to a vendor that is or is not a 13 preferred source, provided that such subcontract does not diminish bona 14 fide employment opportunities for persons who could otherwise be new 15 clients of an entity previously accorded preferred source status. Such 16 subcontract shall be integral to the service being delivered by the 17 providing preferred source agency. 18 § 3. This act shall take effect on the first of January next succeed- 19 ing the date on which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01459-02-9
