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 9605.8 - Implementation - LBE/GLBE prime contractor participation
Current through Register Vol. 46, No. 39, September 25, 2024
(a) The authority shall identify all possible opportunities for LBE and GLBE prime contractors. Wherever feasible, projects shall be divided into work suitable for bidding by LBE/GLBE contractors.
(b) The authority shall, on the basis of contract size, type of work and LBE/GLBE technical and capitalization capabilities, identify classes of construction contracts which are feasible and attractive for bidding by LBE/GLBE prime contractors. The following procedures shall apply when the agency is letting such construction contracts:
(c) The portion of the total dollar value of a contract with a joint venture of an LBE/GLBE and non-LBE business which is equal to the percentage of the contract work to be performed by the LBE/GLBE partner shall be applied toward the authority's prime contractor LBE/GLBE requirement.