N.Y. Economic Development Law Section 140
Legislative findings and declaration

The legislature hereby finds and declares that it is the policy of the state to conserve and protect state revenues through the efficient and prudent use of state funds in state procurement contracts. It further finds that the operation of an efficient procurement information system is an effective tool in the economic development of the state. To promote this policy, it is in the best interest of the state to create a central information source that will alert businesses to new opportunities to participate in state procurement activities. To accomplish these public purposes, public notice of state procurement contracts shall be given by regular publication of a compilation of the state’s needs for goods and services.

Source: Section 140 — Legislative findings and declaration, https://www.­nysenate.­gov/legislation/laws/COM/140 (updated Sep. 22, 2014; accessed Oct. 25, 2025).

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Verified:
Oct. 25, 2025

Last modified:
Sep. 22, 2014

§ 140. Legislative findings & declaration's source at nysenate​.gov

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