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NY Gov. Sets Industry Advisory Council to Fix Public Contracts Process

January 21, 2022

Via: ENR

A New York construction industry advisory group, created under a law Gov. Kathy Hochul signed in December, will study and recommend adjustments to state public contracting to address damages incurred by contractors, subcontractors and others because of payment delays on public projects.

The advisors also will review the state finance law’s definition of “substantial completion;” issues in public works contracting affecting minority- and woman-owned firms; and retainage in contracts.

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