2021 New York Laws
COM - Economic Development Law
Article 4-C - Procurement Opportunities Newsletter
140 - Legislative Findings and Declaration.

Universal Citation: NY Econ Dev L § 140 (2021)

§ 140. Legislative findings and declaration. The legislature hereby finds and declares that it is the policy of the state to conserve and protect state revenues through the efficient and prudent use of state funds in state procurement contracts. It further finds that the operation of an efficient procurement information system is an effective tool in the economic development of the state. To promote this policy, it is in the best interest of the state to create a central information source that will alert businesses to new opportunities to participate in state procurement activities. To accomplish these public purposes, public notice of state procurement contracts shall be given by regular publication of a compilation of the state's needs for goods and services.


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