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What you need to know for 07/26/2017

NY Legislature OKs contracting goal for veterans

NY Legislature OKs contracting goal for veterans

The New York Legislature has approved a goal of 6 percent state contracting with companies owned by

ALBANY — The New York Legislature has approved a goal of 6 percent state contracting with companies owned by service-disabled veterans.

The bill passed by the Senate and Assembly creates a state procurement unit to develop and coordinate a statewide plan that promotes contracting by state agencies with those companies.

It also calls for compiling a public directory of certified service-disabled veteran-owned businesses and monitoring and annual reporting on meeting the 6 percent goal.

Gov. Andrew Cuomo at a gathering of veterans last week symbolically signed a version of the bill.

The governor's office says New York is home to 900,000 veterans and three major active duty military installations at Fort Drum, Fort Hamilton and West Point.

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