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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 21. Miscellaneous |
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Chapter LXXIV. New York City School Construction Authority |
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Part 9605. Regulations Governing Participation by Locally Based Enterprises and Graduate Locally Based Enterprises in Construction Contracts Awarded by the New York City School Construction Authority |
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Locally Based Enterprise Program |
Sec. 9605.7. Goals
Latest version.
- 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).