|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 01, 2022||returned to assembly|
3rd reading cal.1818
substituted for s8844
|Jun 01, 2022||substituted by a10109|
ordered to third reading cal.1818
committee discharged and committed to rules
|May 09, 2022||reported and committed to finance|
|Apr 22, 2022||referred to procurement and contracts|
senate Bill S8844
Current Bill Status Via A10109 - Passed Senate & Assembly
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S8844 (ACTIVE) - Details
- See Assembly Version of this Bill:
- Law Section:
- State Finance
S8844 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8844 SPONSOR: REICHLIN-MELNICK TITLE OF BILL: An act in relation to amending state construction and commodity contracts to provide equitable relief to contractors who have sustained unanticipated expenses by reason of construction materials price esca- lation; and providing for the repeal of such provisions upon the expira- tion thereof PURPOSE: The bill will allow contractors who submitted bids to the State of New York or a public benefit corporation prior to April 1, 2020 to receive an adjusted contract on materials costs where the price escalated in excess of five (5) percent upon invoice or purchase of said materials from the original bid. SUMMARY OF PROVISIONS: Section 1 is the declaration of policy and statement of purpose.
S8844 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8844 I N S E N A T E April 22, 2022 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Procurement and Contracts AN ACT in relation to amending state construction and commodity contracts to provide equitable relief to contractors who have sustained unanticipated expenses by reason of construction materials price escalation; and providing for the repeal of such provisions upon the expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Declaration of policy and statement of purpose. It being in the vital interest of the general public that public works in the state of New York be administered efficiently and at a reasonable and equita- ble cost; and, the unforeseen emergency of unanticipated escalation in construction materials prices having imposed substantial inequity upon contractors who have heretofore been awarded contracts after public bidding; and, such inequity having threatened the ability of contractors to fulfill contracts so awarded; and, in order to perpetuate the bene- fits derived by the general public from the existing system of public bidding, and to assure the continuance of the orderly performance of contracts heretofore awarded as a result of such public bidding; and, it being in the best interest to provide equitable relief to those contrac- tors who, having been awarded public contracts, have sustained damage by reason of such construction materials price escalation, this act is hereby enacted. § 2. Whenever the terms and conditions of a construction contract awarded by the state of New York or a public benefit corporation based upon bids submitted prior to April 1, 2020 but only for which materials were purchased or invoiced after March 1, 2020, require a contractor to furnish materials in such contract pertaining to such construction mate- rials may be adjusted upon a determination made by the officer of the department, board, agency or public benefit corporation that awarded such contract that there has been an increase in the cost of acquisition by the contractor, subcontractor or supplier of materials of such mate- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.