N.Y. General Municipal Law § 109: Assignment of public contracts

§ 109. Assignment of public contracts. 1. A clause shall be inserted

in all specifications or contracts hereafter made or awarded by any

officer, board or agency of a political subdivision, or of any district

therein, prohibiting any contractor, to whom any contract shall be let,

granted or awarded, as required by law, from assigning, transferring,

conveying, subletting or otherwise disposing of the same, or of his

right, title, or interest therein, or his power to execute such

contract, to any other person or corporation without the previous

consent in writing of the officer, board or agency awarding the

contract.

2. If any contractor, to whom any contract is let, granted or awarded,

as required by law, by any officer, board or agency of a political

subdivision, or of any district therein, shall without the previous

written consent specified in subdivision one of this section, assign,

transfer, convey, sublet or otherwise dispose of such contract, or his

right, title or interest therein, or his power to execute such contract,

to any other person or corporation, the officer, board or agency which

let, made, granted or awarded such contract shall revoke and annul such

contract, and the political subdivision or district therein, as the case

may be, and such officer, board or agency shall be relieved and

discharged from any and all liability and obligations growing out of

such contract to such contractor, and to the person or corporation to

which such contract shall have been assigned, transferred, conveyed,

sublet or otherwise disposed of, and such contractor, and his assignees,

transferees or sublessees shall forfeit and lose all moneys, theretofore

earned under such contract, except so much as may be required to pay his

employees. The provisions of this section shall not hinder, prevent, or

affect an assignment by any such contractor for the benefit of his

creditors made pursuant to the laws of this state.