New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter LIII - Roosevelt Island Operating Corporation
Part 4502 - Prompt Payment Policy
Section 4502.2 - Definition of terms
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 4502.2
Current through Register Vol. 46, No. 12, March 20, 2024
As used in these regulations, the following terms shall have the following meanings, unless the context shall indicate otherwise:
(a) RIOC means the Roosevelt Island Operating Corporation created by section 3 of chapter 899 of the Laws of 1984.
(b) Contract means an enforceable agreement entered into between the Roosevelt Island Operating Corporation and a contractor.
(c) Contractor means any person, partnership, private corporation or association who may:
(1) sell materials, equipment or supplies or
lease property or equipment to RIOC;
(2) construct, reconstruct, rehabilitate or
repair buildings, or other improvements for or on behalf of RIOC; or
(3) render or provide services to RIOC
pursuant to a contract.
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