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New York policy

S900: Relates to the delivery of the good faith deposit following award of the bonds to the successful bidder

NY Senate · Sponsor Monica Martinez

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
June 1, 2026

What it requires

Relates to the delivery of the good faith deposit following award of the bonds to the successful bidder; provides that a municipality, school district or district corporation may require that such deposit be made as a condition precedent to the consideration of a bid for the bonds.

ny-statesenatelegislationbill

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