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| CONTACT: | Press
Office (518) 474-4015 |
FOR RELEASE: |
Immediately October 27, 2010 |
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DiNapoli Brings Public Authority Contracts Into The Light of DayState Comptroller Thomas P. DiNapoli has notified state public authorities that regulations implementing key provisions of the Public Authority Reform Act have been adopted, and his office will begin a systematic review of their contracts, starting with non-competitive contracts. The Act gives DiNapoli’s office oversight of authority contracts meeting certain criteria, but DiNapoli said he is requiring all authority contracts to be filed with his office. “Public authorities have been operating in the dark for far too long,” DiNapoli said. “I have notified 55 state public authorities and authority subsidiaries that we’re going to shed light on their contracts. Until now, there have been a lot of taxpayer dollars spent without much taxpayer scrutiny. “I will be posting all major contracts, whether they are subject to my review and approval or not, on my website, OpenBookNY. This is a big step toward a more open, accountable government,” said DiNapoli, who indicated the enhanced site will be ready by the end of the year. Highlights of the public authority reform legislation and DiNapoli’s public authority contract review regulations include:
DiNapoli’s office published regulations to implement this new oversight authority two days after the law took effect. Following public comment, DiNapoli filed the regulations with the Department of State. The regulations take effect today, October 27. For more information, visit the Comptroller's website on public authorities: http://osc.state.ny.us/pubauth/index.htm. ###
Albany Phone: (518) 474-4015 Fax: (518) 473-8940 NYC Phone: (212) 681-4840 Fax: (212) 681-7677 Internet: www.osc.state.ny.us E-Mail: press@osc.state.ny.us Follow us on Twitter: @NYSComptroller |
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