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Assembly Bill A2250

2009-2010 Legislative Session

Requires contracts with the housing trust fund corporation be with the lowest responsible bidder

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Archive: Last Bill Status - In Assembly Committee

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2009-A2250 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
Private Housing Finance Law
Laws Affected:
Amd ยง1103, Priv Hous Fin L

2009-A2250 (ACTIVE) - Summary

Requires contracts with the housing trust fund corporation be with the lowest responsible bidder and subjected to the competitive bidding process.

2009-A2250 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2250

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2009
                               ___________

Introduced  by M. of A. PARMENT -- read once and referred to the Commit-
  tee on Housing

AN ACT to  amend  the  private  housing  finance  law,  in  relation  to
  contracts with the housing trust fund corporation

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 1103 of the private housing finance law is  amended
by adding a new subdivision 5 to read as follows:
  5.  ALL FUNDS ADVANCED BY THE CORPORATION WHICH ARE ULTIMATELY PAID TO
PRIVATE  CONTRACTORS  FOR  THE CONSTRUCTION, RECONSTRUCTION OR REHABILI-
TATION OF HOUSING SHALL  BE  SUBJECT  TO  THE  BIDDING  REQUIREMENTS  OF
SECTION ONE HUNDRED FORTY-FOUR OF THE STATE FINANCE LAW.
  S  2.  This  act shall take effect on the thirtieth day after it shall
have become a law.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04728-01-9

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