New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter LV - Dormitory Authority
Part 4701 - Prompt Payment Policy
Section 4701.11 - Inapplicability of statement

Universal Citation: 21 NY Comp Codes Rules and Regs ยง 4701.11

Current through Register Vol. 46, No. 39, September 25, 2024

The provisions of this statement shall not apply to payments due and owing by the authority:

(a) under the Eminent Domain Procedure Law;

(b) as interest allowed on judgments rendered by a court pursuant to any provision of law other than section 2880 of the Public Authorities Law;

(c) to the Federal government; to any State agency or its instrumentalities; to any duly constituted unit of local government including, but not limited to, counties, cities, towns, villages, school districts, special districts, or any of their related instrumentalities; to any other public authority or public benefit corporation; or to its employees when acting in, or incidental to, their public employment capacity;

(d) in a situation where the authority exercises a setoff against all or part of the payment due the contractor.

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