New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter LXXIV - New York City School Construction Authority
Part 9605 - Regulations Governing Participation By Locally Based Enterprises And Graduate Locally Based Enterprises In Construction Contracts Awarded By The New York City School Construction Authority
Locally Based Enterprise Program
Section 9605.7 - Goals
Current through Register Vol. 46, No. 39, September 25, 2024
The authority shall, consistent with the requirements of applicable Federal, State and city law (including applicable competitive bidding requirements), seek to ensure that not less than 10 percent of the total dollar amount of all construction contracts awarded during each fiscal year is awarded to LBEs or GLBEs.
(b) The authority shall, consistent with the requirements of applicable Federal, State and city law, require that if any portion of a construction contract is subcontracted, not less than 10 percent of the total dollar amount of the contract shall be awarded to LBEs or GLBEs; except where less than 10 percent of the total dollar amount of the construction contract is subcontracted, such lesser percentage shall be so awarded.
(c) The authority may waive the subcontracting requirements of Administrative Code, section 6-108.1 and this Part upon a finding that: