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 modifies sections of executive and finance laws, mandating state agencies that have awarded significant service and construction contracts to implement mentorship programs. By connecting small businesses with experienced mentors, the initiative is expected to foster business development and create a source of reliable contractors prepared for larger workloads. The voluntary nature of participation for both mentors and proteges is explicitly stated, indicating that the program is designed to be supportive rather than obligatory.
Summary
A07300, introduced in the New York State Assembly, proposes to establish expanded construction mentorship opportunities to enhance the capabilities of small business enterprises. The bill seeks to create mentor-protege relationships between state agencies and small businesses, particularly in contexts where there is a contract involving subcontractors. The aim is to improve the success rates of these small enterprises in securing state contracts and receiving subcontracts, ultimately empowering them to undertake larger projects with more confidence.
Contention
Potential points of contention surrounding A07300 could arise from questions about the adequacy of existing support structures for small businesses. Critics might argue that simply establishing mentorship opportunities may not be sufficient to address underlying barriers faced by these businesses in accessing state contracts. Additionally, there may be concerns regarding the clarity of the term 'commercially useful function' as it relates to mentor-protege partnerships, with stakeholders potentially seeking further definitions and guidelines to ensure fairness in the program's implementation.
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.
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.