New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 2. Department of Audit and Control |
Chapter IV. Miscellaneous Rules |
Part 107. Certificates of Participation |
Sec. 107.8. COPS financed equipment acquisitions
Latest version.
- All State departments, agencies, the City University of New York or any other entity purchasing equipment through the use of COPS must acquire such equipment by outright purchase when the cost of such equipment is $250,000 or less. Multiple items of the same type of equipment, or related items of equipment, procured pursuant to a single request for proposal may be grouped under one or several contracts, as part of a procurement package to reach the aforementioned dollar level.