Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.
Summary
Bill S06313 aims to enhance the participation of minority and women-owned business enterprises (MWBEs) in state contracts and subcontracts. It proposes amendments to the executive law and state finance law to facilitate increased engagement of these businesses in state procurement processes. The bill mandates that contracting agencies submit quarterly reports detailing MWBE participation levels, compliance with utilization plans, and any waivers granted. Additionally, it introduces stricter performance and payment bond requirements for contracts involving MWBEs, ensuring that these businesses have better access to state contracts and the necessary support to compete effectively.
Impact
If enacted, this bill will significantly alter the landscape of state contracting by enforcing stricter compliance measures for agencies regarding MWBE participation. It will require agencies to develop growth plans and report quarterly on their efforts to meet participation goals. The bill also aims to streamline the certification process for MWBEs and enhance accountability by imposing penalties for non-compliance, thereby promoting equitable opportunities in state contracts.
Sentiment
The sentiment surrounding Bill S06313 appears to be generally supportive among advocates for minority and women-owned businesses, who view it as a necessary step toward achieving equity in state contracting. However, there may be concerns from some contracting agencies regarding the increased reporting requirements and potential penalties for non-compliance, which could be perceived as burdensome.
Contention
Notable points of contention include the potential administrative burden on contracting agencies to comply with the new reporting requirements and the implications of stricter penalties for non-compliance. Some stakeholders may argue that the bill could create barriers for smaller agencies or contractors who may struggle to meet the new standards, while proponents assert that these measures are essential for ensuring fair access to state contracts for MWBEs.
Same As
Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.
Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.
Relates to increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; requires quarterly reports from contracting agencies; addresses consequences if contracting agency fails to comply with reporting requirements; relates to certain performance and payment bond requirements.
Provides for increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; relates to certain performance and payment bond requirements.
Provides for increased participation in state contracts and subcontracts by certified minority and women-owned business enterprises; relates to certain performance and payment bond requirements.
Requires State agencies to make good faith effort towards certain goals to use certified minority and women-owned businesses as prime contractors and subcontractors.
Establishes Division of Minority and Women Business Development and State Chief Disparity Officer to monitor efforts to promote participation by minority-owned and women-owned businesses in State contracting.