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Current as of January 01, 2024 | Updated by FindLaw Staff
For the purposes of this article, the following terms shall have the following meanings as indicated:
1. “Agency” shall mean any agency, department, board, bureau, commission a majority of whose members are appointed by the governor, division, office, council, committee, or officer of the state, or the state university of New York or the city university of New York, or any public benefit corporation or public authority, a majority of whose members are appointed by the governor. Such term shall not include the legislature.
2. “Foreign business enterprise” shall mean a business enterprise, including a sole proprietorship, partnership or corporation, which had offered for sale, lease or other form of exchange, goods sought by the agency and substantially produced outside of New York state, or services sought by the agency and substantially performed outside New York state.
3. “Procurement contract” shall mean any written agreement entered into by an agency for the acquisition of goods, services, or construction of any kind in the actual or estimated amount of fifty thousand dollars or more. The term does not include an agreement for employment in the civil service.
Cite this article: FindLaw.com - New York Consolidated Laws, Economic Development Law - COM § 141. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/ny/economic-development-law/com-sect-141/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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