N.Y. Comp. Codes R. & Regs. tit. 9 § 1728-4.2

Current through Register Vol. 46, No. 19, May 8, 2024

Section 1728-4.2 - Purchases and contracts of less than $100,000

(a) Prior approval by the division is not required for purchases or contracts of less than $100,000. Documentation of analysis and bidding for such purchases or contracts required by section 1728-4.1 of this Subpart shall be made available to the division on request.

(b) Any change in the scope, price, or time of completion shall be made by a change order detailing the change, indicating whether cost is affected and, if it is, the amount of increase or decrease. Documentation of change orders for such purchases or contracts shall be made available to the division on request. Division approval is required if such change order brings the total purchase or contract cost to $100,000 or more.

(c) Proof of progress payments supporting documentation evidencing the propriety of such payment, including sign offs by any design professional retained by the housing company, shall be made available to the division on request.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 1728-4.2