Establishes the New York state business contract database containing names of persons who have contracts with the state for the procurement of goods, services or construction that are not awarded through a competitive bid process; prohibits candidates or political committees from receiving certain contributions.
Creates a transparency database for contracted not-for-profit organizations; provides such database will include those that are in the process of being approved for contracts, that have received certificates of approval, are approved for contracts, have received renewal contracts, or have been the recipient of fully-executed contracts with the state of New York.
Prohibits contractors from submitting claims and receiving payment from subcontractors who are not pre-authorized by a contracting city agency; establishes penalties.
Increases the state discretionary buying threshold without a formal competitive process for certain commodities from certain businesses, including construction services.
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.
Establishes a publicly available database of business entities in the state that enter into procurement contracts with procuring entities in the state; requires such database to include, among other things, the name of the business entity, the current business street address and county associated with each business street address, and the full name of each beneficial owner.