N.Y. State Finance Law § 179-u: Advance payments

§ 179-u. Advance payments. 1. When a state agency administering a

contract shall advise the not-for-profit organization of the agency's

intention to renew the contract, the not-for-profit organization, may,

upon receipt of a written directive, be entitled to an advance payment

pending execution of the renewal contract if such contract is not fully

executed by the commencement date of the succeeding contract; the

written directive shall specifically set forth the dollar amount and the

period of time covered by the advance payment. Such advance payment

shall offset future payments due to the organization for services

provided during the term of the prospective renewal contract and shall

not exceed the maximum contract amount set forth in said renewal

contract.

2. A state agency providing an advance payment pursuant to subdivision

one of this section shall submit a written directive, a voucher and such

other documents as may be required to the comptroller for approval.