A Local Law to amend the administrative code of the city of New York, in relation to requiring the establishment of standards and procedures to determine the existence of conflicts of interest and other misconduct concerning city contracts

Summary

This bill would require the City Chief Procurement Officer to establish standards and procedures for contractors to determine the existence of conflicts of interest and misconduct concerning city contracts valued over $100,000. Contractors would be required to self-certify compliance with these standards upon execution of a covered contract and attest that no conflicts of interest, corruption, criminal activity, gross mismanagement or abuse of authority exists with respect to their officers, employees and subcontractors. If a contractor becomes aware of any such conflicts or misconduct during the contract term, they would need to notify the Mayor's Office of Contract Services and the contracting agency in writing within 10 business days.

Official summary of legislation · NYC Council