N.Y. General Municipal Law Section 106-A
Service charge for receiving, handling and disbursing funds and coupons


The fiscal officer of the political subdivision or of a district therein shall impose upon each contractor such service charge for receiving, handling and disbursing funds and coupons pursuant to § 106 (Withdrawal of retained percentages)section one hundred six of this article as the local governing body of the political subdivision may provide by local law or ordinance. Such service charge shall not exceed a reasonable amount which is generally consistent with charges by a bank or trust company for such a service. This section shall not apply where a political subdivision or district therein has entered into an agreement with a bank or trust company pursuant to section one hundred six of this article.

Source: Section 106-A — Service charge for receiving, handling and disbursing funds and coupons, https://www.­nysenate.­gov/legislation/laws/GMU/106-A (updated Sep. 22, 2014; accessed Feb. 14, 2026).

100
Definitions
100–A
Declaration of policy
101
Separate specifications for certain public work
102
Deposits on plans and specifications
103
Advertising for bids and offers
103–A
Ground for cancellation of contract by municipal corporations and fire districts
103–B
Disqualification to contract with municipal corporations and fire districts
103–C
Removal of disqualification of public contractors by petition
103–D
Statement of non-collusion in bids and proposals to political subdivision of the state
103–E
Conspiracies to prevent competitive bidding or competitive offering on public contracts
103–F
Security bonds
103–G
Iranian energy sector divestment
103–H
Restriction on purchasing certain technology which poses a security threat
104
Purchase through office of general services
104–A
Purchasing of products for public use
104–B
Procurement policies and procedures
104–C
Disposal of surplus computer equipment
104–D
The New York state buy American salt act
105
Disposition of deposit accompanying bid
106
Withdrawal of retained percentages
106–A
Service charge for receiving, handling and disbursing funds and coupons
106–B
Payment on public work projects
107
Claims against political subdivisions
108
Workmen’s compensation insurance on public works
109
Assignment of public contracts
109–A
Purchases through the office of general services by certain public associations
109–B
Installment contracts
109–C
Purchases through county contracts by certain not-for-profit corporations
109–D
Emergency vehicle warranties
109–E
Additional requirements for right-of-way permits

Verified:
Feb. 14, 2026

Last modified:
Sep. 22, 2014

§ 106-A. Svc. charge for receiving, handling & disbursing funds and coupons's source at nysenate​.gov

Link Style