N.Y. Comp. Codes R. & Regs. tit. 21 § 9605.7

Current through Register Vol. 46, No. 45, November 2, 2024
Section 9605.7 - Goals

The authority shall, consistent with the requirements of applicable Federal, State and city law (including applicable competitive bidding requirements), seek to ensure that not less than 10 percent of the total dollar amount of all construction contracts awarded during each fiscal year is awarded to LBEs or GLBEs.

(b) The authority shall, consistent with the requirements of applicable Federal, State and city law, require that if any portion of a construction contract is subcontracted, not less than 10 percent of the total dollar amount of the contract shall be awarded to LBEs or GLBEs; except where less than 10 percent of the total dollar amount of the construction contract is subcontracted, such lesser percentage shall be so awarded.
(c) The authority may waive the subcontracting requirements of Administrative Code, section 6-108.1 and this Part upon a finding that:
(1) the contract involves an emergency requiring immediate attention because the public health, safety, or welfare is threatened; or
(2) for other good cause (i.e., the need to expedite the bid and award of necessary construction).

N.Y. Comp. Codes R. & Regs. Tit. 21 § 9605.7