New York Statutes

§ 179-T — Time frames for the execution of renewal contracts

New York·Law STF State Finance·Art. 11-B Prompt Contracting and Interest Payments For Not-for-profit Organizations

§ 179-t. Time frames for the execution of renewal contracts. 1.

(a)A\nstate agency administering a contract shall notify the not-for-profit\norganization by mail of the agency's preliminary intention, subject to\nenactment of an appropriation, to renew or terminate the contract no\nlater than ninety days prior to the end of the contract or any periods\nspecified therein that require further contract documents in order to\ncontinue payments under the contract or thirty days after an\nappropriation providing funding for continued payments shall become law,\nwhichever is later. In the event an appropriation is not necessary to\nrenew the contract, such notification shall be mailed no later than\nninety days prior to the end of the current contract. In the event an\nappropriation is necessa

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