Requires the comptroller review and approve all contracts above a minimum contract value set by the legislature.
Impact
If enacted, S09167 would significantly alter the responsibilities of the comptroller, introducing a layer of oversight for state contracts that did not previously require such review. This change is designed to hold state entities accountable and prevent misuse of funding through unvetted contracts. Furthermore, the bill would permit the governor to temporarily suspend this review process during declared disaster emergencies, allowing for swift governmental response when time-sensitive decisions are necessary.
Summary
Bill S09167 proposes an amendment to New York's Constitution requiring the comptroller to review and approve contracts made for or by any state agency, department, board, officer, commission, or institution. This review would only apply to contracts above a minimum value, which the legislature will establish through a joint resolution. The bill aims to enhance financial oversight and ensure that taxpayer money is used appropriately by mandating prior scrutiny of significant expenditures.
Contention
The proposed amendment has the potential to spark debate among lawmakers regarding government accountability versus operational efficiency. Supporters may argue that increased oversight is vital for preventing financial mismanagement, while opponents could claim that such requirements might hinder the timely execution of government contracts, especially in critical situations. Additionally, the concept of establishing a minimum contract value for review raises questions about what threshold would be appropriate, and differing opinions may emerge on the definition of what constitutes a significant contract.
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.
Relates to provisions governing contracting between state agencies and not-for-profit organizations including new, renewal, and extension contracts and advance payments and interest for such contracts; repeals provisions relating to interest payments.
Prohibits contractors from submitting claims and receiving payment from subcontractors who are not pre-authorized by a contracting city agency; establishes penalties.