Relates to establishing expanded construction mentorship opportunities for small business enterprises where there is privity of contract between a small business enterprise and a subcontractor or contractor working on an authority public works contract.
Impact
The bill directly impacts the Executive Law and the Public Authorities Law by requiring state agencies, departments, and authorities to develop and implement such mentor-protege programs. Specifically, it facilitates better preparation and capacity-building for minority and women-owned business enterprises to participate in state contracting. The expected outcome of these initiatives includes enhancing the business capabilities of participating firms and ultimately expanding their opportunities to secure contracts within the state's procurement process.
Summary
S09147 aims to enhance construction mentorship opportunities for small business enterprises, particularly in the context of state contracts. This bill amends current laws to establish mentor-protege programs where there is a privity of contract between small businesses and contractors or subcontractors engaged in state projects. The intention is to foster long-term relationships and improve the ability of small businesses to bid on state contracts successfully. The participation in these mentorship opportunities remains voluntary for both mentor and protege firms.
Contention
Debate surrounding S09147 primarily involves the balance between enhancing opportunities for small businesses and the administrative burden on state agencies tasked with implementing these mentorship programs. Proponents argue that such mentorship is crucial for leveling the playing field in public procurement, while critics, possibly including those concerned with bureaucracy, may highlight potential inefficiencies in program implementation. Overall, the legislation is positioned as a supportive measure for disadvantaged businesses aiming to navigate state contracting processes more effectively.
Same As
Relates to establishing expanded construction mentorship opportunities for small business enterprises where there is privity of contract between a small business enterprise and a subcontractor or contractor working on an authority public works contract.
Relates to establishing expanded construction mentorship opportunities for small business enterprises where there is privity of contract between a small business enterprise and a subcontractor or contractor working on an authority public works contract.
Requires that public contracts be divided by size into large, medium, small and micro contracts for the purpose of increasing opportunities for small businesses, including minority-owned business enterprises and women-owned business enterprises, to participate in state contracts.
Requires that certain contracts let by the office of general services be reserved for small businesses, including minority-owned business enterprises and women-owned business enterprises.
Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within 10 days of receipt of an undisputed invoice generated by a small business, minority-owned business enterprise or vendor management service and managed service provider on behalf of the small business or minority-owned business enterprise.
Requires contractors receiving public funds to pay amounts owed to small businesses and minority-owned business enterprises within 10 days of receipt of an undisputed invoice generated by a small business, minority-owned business enterprise or vendor management service and managed service provider on behalf of the small business or minority-owned business enterprise.
Establishes minority youth-owned business enterprises in the state of New York and the city of New York; creates certain contracting opportunities for members of minority youth-owned business enterprises; establishes an implementation program and oversight committee for minority youth-owned business enterprises.