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PROCUREMENT POLICY OF THE
NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY
Adopted June 13, 2006; as amended through June 6, 2023,
In accordance with relevant requirements of the General Municipal
Law,
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Who needs section 311 procurement policy?
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What is section 311 procurement policy?
Section 311 procurement policy refers to regulations that govern the procurement process to ensure transparency, accountability, and adherence to budgetary constraints in the acquisition of goods and services by government agencies.
Who is required to file section 311 procurement policy?
Government agencies and entities that are involved in procurement activities are required to file the section 311 procurement policy to ensure compliance with established procurement regulations.
How to fill out section 311 procurement policy?
To fill out the section 311 procurement policy, agencies must provide accurate and complete information regarding their procurement processes, including descriptions of goods and services, estimated costs, and compliance with legal and regulatory requirements.
What is the purpose of section 311 procurement policy?
The purpose of the section 311 procurement policy is to promote ethical procurements, facilitate fair competition, ensure efficient use of resources, and maintain public trust in government procurement processes.
What information must be reported on section 311 procurement policy?
The information that must be reported includes details on the procurement process, types of goods or services acquired, expenditures, compliance with laws, and documentation of decision-making practices.
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