Relates to participation by LGBT, disability and veteran-owned businesses in state contracts.
Summary
Bill A03714, known as the 'New York State Supplier Diversity Act,' aims to enhance participation by LGBT, disability, and veteran-owned businesses in state contracting opportunities. It establishes a new article in the executive law that defines certified businesses, creates a division of supplier diversity, and mandates state agencies to promote the inclusion of these enterprises in their procurement processes. The bill outlines the responsibilities of the director of the division of supplier diversity, including developing a directory of certified businesses and assisting state agencies in fostering their participation in contracts.
Impact
The bill will significantly impact state laws by creating a structured framework for the certification and promotion of LGBT, disability, and veteran-owned businesses in state contracts. It mandates state agencies to develop and implement programs that encourage these businesses to participate in procurement opportunities, thereby potentially increasing their economic viability and representation in state contracting. The establishment of a statewide goal for participation and regular reporting requirements will also enhance accountability and transparency in the procurement process.
Sentiment
The sentiment around Bill A03714 appears to be generally positive, as it addresses the need for greater diversity and inclusion in state contracting. Supporters argue that the bill will help level the playing field for underrepresented business owners, while opponents may express concerns about the feasibility of implementation or the potential for bureaucratic challenges.
Contention
Notable points of contention may arise regarding the effectiveness of the proposed measures and the potential administrative burden on state agencies. Some stakeholders may question whether the goals set forth in the bill are achievable or if they could inadvertently disadvantage other businesses. Additionally, there may be discussions about the adequacy of the resources allocated to support the implementation of the supplier diversity initiatives.
Creates certain assistance and set-aside programs for businesses owned by lesbian, gay, bisexual, or transgender persons, by persons with a disability, and by veterans.
Provides that disability-owned businesses be included in certain business development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.
Provides that disability-owned businesses be included in certain business development programs, direct loan programs, and certification processes; requires Chief Diversity Officer compile information on awarding of State contracts to disability-owned businesses.