Details Meeting Name: Committee on Contracts Agenda status: Final Meeting date/time: 10/25/2023 1:00 PM Minutes status: Final   Meeting location: Committee Room - City Hall Published agenda: Agenda Published minutes: Minutes   Meeting video: Video   Attachments: CLICK ANY FILE # BELOW (in blue) TO ACCESS LEGISLATION AND ATTACHMENTS Meeting Items (5) 5 records Group Clear sorting Clear grouping Group by Type Group by Result Export Export to Excel Export to PDF Export to Word Show: All agenda items Legislation only All agenda items File # Ver. Prime Sponsor Agenda # Agenda Note Name Type Summary Action Result Action Details Multimedia                     Roll call Not available Int 0982-2023 * Justin L. Brannan     Interest to be paid on late contract payments to non-profit contractors. Introduction This bill would require interest to be paid on late payments under city contracts with non-profit organizations. The non-profit contractor would not be eligible to receive the interest if the non-profit contractor has received a no-interest and no-service-fee loan issued or authorized by a city agency to cover its expenses in relation to the subject contract. Hearing Held by Committee   Action details Not available Int 0982-2023 * Justin L. Brannan     Interest to be paid on late contract payments to non-profit contractors. Introduction This bill would require interest to be paid on late payments under city contracts with non-profit organizations. The non-profit contractor would not be eligible to receive the interest if the non-profit contractor has received a no-interest and no-service-fee loan issued or authorized by a city agency to cover its expenses in relation to the subject contract. Laid Over by Committee   Action details Not available Int 1048-2023 * Julie Won     Requiring the establishment of a document vault to store certain procurement-related documents. Introduction This bill would require the Mayor’s Office of Contract Services to create a secure electronic “document vault” to store all procurement-related documents. This would include, among other things, vendor certificates, corporate organizational documents, and financial reports. The purpose of the vault would be to reduce duplicative requests from agencies and streamline internal document retrieval processes. Documents in the vault would be accessible to persons authorized by the vendors upon request in furtherance of a contract or procurement. Hearing Held by Committee   Action details Not available Int 1048-2023 * Julie Won     Requiring the establishment of a document vault to store certain procurement-related documents. Introduction This bill would require the Mayor’s Office of Contract Services to create a secure electronic “document vault” to store all procurement-related documents. This would include, among other things, vendor certificates, corporate organizational documents, and financial reports. The purpose of the vault would be to reduce duplicative requests from agencies and streamline internal document retrieval processes. Documents in the vault would be accessible to persons authorized by the vendors upon request in furtherance of a contract or procurement. Laid Over by Committee   Action details Not available