Grants a preference to New York state businesses in the state contract award process where the New York state business' bid is within five percent of the winning bid.
Impact
If enacted, A09084 would significantly impact the procurement process by effectively giving local businesses an advantage in securing government contracts. The bill is projected to encourage state spending to remain within New York and bolster local employment rates. Supporters argue that this preference can help small and medium enterprises compete more effectively against larger companies, potentially revitalizing the local economy and increasing job opportunities for residents.
Summary
Bill A09084 aims to amend the state finance law to establish a bidding preference for New York State businesses in the state contract award process. The bill stipulates that bids from companies whose headquarters and primary business presence are in New York will receive preferred status, provided their bids are within five percent of the winning bid. The rationale behind this initiative is to promote local economic development by supporting businesses based in the state.
Contention
Opponents of A09084 express concerns regarding the potential drawbacks of creating such a preference. They argue that it may lead to reduced competition in bidding processes, potentially raising costs for the state and taxpayers. Critics also point out that this could unfairly disadvantage businesses located outside the state, which could provide better value despite being slightly higher in bid price. The conversation surrounding this bill raises questions about the balance between supporting local businesses and ensuring competitive procurement practices.
Same As
Grants a preference to New York state businesses in the state contract award process where the New York state business' bid is within five percent of the winning bid.
Grants a preference to New York state businesses in the state contract award process where the New York state business' bid is within five percent of the winning bid.
Authorizes the empire state development corporation to develop a public awareness campaign promoting businesses located in New York state with an emphasis on small businesses and the need to shop in downtown local areas; requires the creation of the Buy New York Online Networking Directory to connect purchasers with businesses located in New York.
Establishes state procurement goals for New York state products throughout state agencies and private entities performing state contracts; provides that every year after enactment, a certain percentage of products purchased by state agencies will be New York state products, with such percentage threshold increasing each year up until five years.
Enacts the New York state food security purchase and processing act to establish a state-level program that purchases food grown or raised by New York farmers; requires processing within New York State; distributes such food to communities in need.
Enacts the New York state food security purchase and processing act to establish a state-level program that purchases food grown or raised by New York farmers; requires processing within New York State; distributes such food to communities in need.
Requires state contracts with construction firms reserve a percent of such contract to soft cost spending towards small businesses located near the construction site; defines what qualifies as soft cost spending.
Enacts the "New York small business growth and support act"; authorizes certain tax exemptions for newly established small businesses during their first three years of operations.