New York Assembly Bill A07087

New York 2025-2026 Regular Session

• Introduced: 3/20/25
• Refer: 3/20/25
• Refer: 1/7/26

Caption

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.

Summary

Bill A07087 seeks to amend the state finance law to mandate that certain contracts awarded by the office of general services, specifically multi-year centralized contracts valued at five million dollars or less, be reserved for small businesses. This includes provisions for minority-owned business enterprises and women-owned business enterprises, aiming to enhance opportunities for these groups in state contracting processes.

Impact

If enacted, this bill would significantly alter the landscape of state contracting by ensuring that a portion of contracts is specifically allocated to small businesses, thereby promoting economic equity and inclusion. It would require the office of general services to implement new guidelines for contract awards, potentially increasing participation from minority and women-owned businesses in state procurement.

Sentiment

The sentiment surrounding Bill A07087 appears to be generally positive, with discussions highlighting the importance of supporting small and minority-owned businesses. However, there may be concerns regarding the implementation and effectiveness of such reservations in practice, which could lead to further debate.

Contention

Notable points of contention may arise from larger businesses or contractors who feel that such reservations could limit their opportunities. Additionally, there may be discussions around the criteria for defining 'small businesses' and whether the thresholds set forth in the bill are appropriate or sufficient to achieve the desired outcomes.