Int 0013-2024

Be it enacted by the Council as follows: Section 1. Title 1 of Chapter 6 of the administrative code of the city of New York is amended to add a new section 6-150 to read as follows: � 6-150 Reporting on contract awards made from discretionary funds allocated by a council member. a. Within 10 days of the end of each quarter of the fiscal year, the city chief procurement officer shall submit to the speaker of the council a report on the status of contract awards made from discretionary funds allocated by a council member. Such report shall be disaggregated by contracting agency, source of funding, allocating council member and entity to which the funds were allocated and shall include: 1. The date on which each contract was entered into or the reason why no contract had yet been entered into; 2. For each contract which was entered into, the date on which such contract was registered with the office of the comptroller or the reason why such contract had not yet been registered; and 3. For each contract entered into and registered, the dollar amount of funds reimbursed pursuant to the contract, and, where full reimbursement under the contract has not yet been made, the reason why full reimbursement has not yet been made. b. On December 1, 2023 and each December 1 thereafter, the city chief procurement officer shall submit to the speaker of the council a final report on the information required by paragraph three of the prior subdivision for the prior fiscal year. c. On the day that the third report of the fiscal year is submitted, the city chief procurement officer shall provide written notification to every council member who allocated discretionary funds where pursuant to such allocation a contract was not yet entered into, not yet registered with the office of the comptroller or not yet fully reimbursed. For contracts which were not yet fully reimbursed, such notification shall include the dollar amount of funds outstanding for reimbursement. � 2. This local law takes effect July 1, 2024. Session 13 MJT 1/31/2024 Session 12 AV LS 146 5/1/2022 Session 11 RKC LS #620 Int. 33-2018 2 1