Bill Text: NY S05096 | 2017-2018 | General Assembly | Amended
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.
Spectrum: Moderate Partisan Bill (Republican 8-2)
Status: (Engrossed - Dead) 2018-06-20 - referred to governmental operations [S05096 Detail]
Download: New_York-2017-S05096-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 5096--C 2017-2018 Regular Sessions IN SENATE March 7, 2017 ___________ Introduced by Sens. YOUNG, BOYLE, GRIFFO, HAMILTON, HELMING, MARCHIONE, ORTT, PHILLIPS, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- reported favorably from said committee and committed to the Committee on Rules -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee 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 EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10450-12-8S. 5096--C 2 1 subcontract shall be integral to the service being delivered by the 2 providing preferred source agency. 3 § 3. This act shall take effect on the first of January next succeed- 4 ing the date on which it shall have become a law.
