N.Y. Economic Development Law § 140: Legislative findings and declaration

§ 140. Legislative findings and declaration. The legislature hereby

finds and declares that it is the policy of the state to conserve and

protect state revenues through the efficient and prudent use of state

funds in state procurement contracts. It further finds that the

operation of an efficient procurement information system is an effective

tool in the economic development of the state. To promote this policy,

it is in the best interest of the state to create a central information

source that will alert businesses to new opportunities to participate in

state procurement activities. To accomplish these public purposes,

public notice of state procurement contracts shall be given by regular

publication of a compilation of the state's needs for goods and

services.