New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter I - Audit Of Revenues And Accounts Payable From State Funds And Funds Under Its Control
Part 18 - Prompt Payment Processing
Miscellaneous
Section 18.23 - Unenforceable agreement
Universal Citation: 2 NY Comp Codes Rules and Regs ยง 18.23
Current through Register Vol. 46, No. 12, March 20, 2024
In the event that a written agreement entered into between a State agency and a contractor on or after July 1, 1984 is not a valid contract until it has been approved by the Comptroller, the agreement shall contain a provision stating that the agreement is subject to the approval of the Comptroller and that until such approval is given, the 30-day period, excluding legal holidays, for the payment of invoices without interest shall not begin.
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