L.L. 1987/052

Enactment date: 8/4/1987

Int. No. 753-A

By the Vice Chairman (Council Member Vallone) and Council Members Katzman and Maloney; also Council Members Albanese, Alter, Clark, DeMarco, DiBrienza, Friedlander, Gerges, Greitzer, Harrison, Horwitz, Leffler, Messinger, Michels, Molinari, O'Donovan, Pinkett, Povman; Spigner, Williams, Berman, Crispino, Eisland, McCaffrey, Wooten, Robles and Dryfoos (Passed under a message of necessity from the Mayor)

A Local Law to amend the administrative code of the city of New York, in relation to reporting of contracted goods and services

Be it enacted by the Council as follows:

Section one. Legislative Intent. The Council hereby finds that approximately 22% of the City's annual budget is spent on contracted goods and services. However, information pertaining to these contracts is not kept in one central location. It is the intent of this legislation to create a computerized contract registry which would streamline City contract information and make this information accessible to City government officials and employees and members of the public. The Council recognizes the monumental effort necessary to create a central computerized repository for tracking the $5 billion spent annually on City contracts. Therefore, this legislation mandates that the financial information services agency begin to establish this data base immediately and provides for a period of up to two years for the establishment of this computerized data base.

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[Consolidated provisions are not included in this Appendix A]

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§ 3. This local law shall take effect two years after it shall have become law, but actions necessary to prepare for the implementation of this local law shall begin immediately.