Int 0508-2024
Reporting of promptness of agency payments to contractors.
IntroductionFiledCommittee on Contractsintroduced 2024-03-07
Filed — closed without being enacted.
Official record · Legistar
Agenda: 2024-03-07Passed: 2025-12-31
Summary
This bill would require the Procurement Policy Board to create a process for City agencies to inform vendors of the reason for any late payments. It would also require City agencies to provide the Mayor’s Office of Contract Services with reports on any such late payment. The Mayor’s Office of Contract Services would then provide a report to the Mayor and Council every 6 months with information about the late payments from all City agencies
Committee on Contracts — Procurement Policy Board, review of City procurement policies and procedures, oversight over government contracts, Mayor's Office of Contract Services and collection agency contracts.
How it compares
22% of similar bills passed
11 passed · 39 died
This bill: 664 days in committee
Similar bills: median 611 days · 178 days when passed
Compared against 50 Introduction bills in Committee on Contracts.
Ranked by how closely each matches this bill's topic — closest first:
Int 0011-2022
Reporting of promptness of agency payments to contractors.
688dFiled
Int 1067-2018
Reporting of promptness of agency payments to contractors.
1241dFiled
Int 1450-2019
Interest to be paid on late contract payments to non-profit contractors.
1037dFiled
Int 1627-2019
Setting time limits for the procurement process, reporting on agency compliance and developing an online platform for managing procurement.
919dFiled
Int 0514-2024
Interest to be paid on late contract payments to non-profit contractors.
664dFiled
Int 0982-2023
Interest to be paid on late contract payments to non-profit contractors.
264dFiled
+ 44 more comparable bills
Sponsors (3)
Lifecycle
IntroducedIntroduced by Council
2024-03-07 · City Council
ActionReferred to Comm by Council
2024-03-07 · City Council
HeardHearing Held by Committee
2024-06-04 · Committee on Contracts
HeldLaid Over by Committee
2024-06-04 · Committee on Contracts
ClosedFiled (End of Session)
2025-12-31 · City Council
Heard at (2)
Committee on Contracts · 2024-06-04 · 10:00 AM · 250 Broadway - Committee Room, 14th Floor
City Council · 2024-03-07 · 1:30 PM · Council Chambers - City Hall
Attachments (8)
- Summary of Int. No. 508
- Int. No. 508
- March 7, 2024 - Stated Meeting Agenda
- Hearing Transcript - Stated Meeting 3-7-24
- Minutes of the Stated Meeting - March 7, 2024
- Committee Report 6/4/24
- Hearing Testimony 6/4/24
- Hearing Transcript 6/4/24
Full text
Be it enacted by the Council as follows:
Section 1. Subdivision b of section 332 of the New York City Charter, as amended by local law number 192 for the year 2017, is amended to read as follows:
b. The procurement policy board shall promulgate rules for the expeditious processing of payment vouchers by city agencies and departments including (i) the maximum amount of time allowed for the processing and payment of such vouchers from the later of (a) the date such vouchers are received by the agency, or (b) the date on which the goods, services or construction to which the voucher relates have been received and accepted by the agency, (ii) a program for the payment of interest, at a uniform rate, to vendors on vouchers not paid within the maximum amount of time pursuant to clause i of this subdivision, (iii) a process for the allocation and charging of any such interest payments to the budget of the agency responsible for the delay leading to the interest payments, [and ](iv) a process for the agency to inform vendors of the reason for the lack of prompt payment on vouchers not paid within the maximum amount of time pursuant to clause i of this subdivision and (v) agency reporting on the promptness of such payments in such form and containing such information as the board shall prescribe. The board shall coordinate and publish such agency prompt payment reports. Such rules shall facilitate the development and implementation of programs pursuant to subdivision a of this section.
� 2. Section 6-131 of the administrative code of the city of New York is amended by adding a new subdivision a-1 to read as follows:
a-1. All agencies shall provide to the mayor's office of contract services reports on any payments made after the maximum amount of time allowed for the processing and payment of such vouchers pursuant to rules promulgated by the procurement policy board. Beginning January 1, 2023, and every 6 months thereafter, the mayor's office of contract services shall submit a report to the mayor and speaker of the council that includes, at a minimum, the information reported by each agency pursuant to this subdivision and a summary of such information.
� 3. This local law takes effect immediately.
Session 13
LS #1338
1/9/24
Session 12
NAB
LS #1338
1/25/22
2