ยง 106-a. Service charge for receiving, handling and disbursing funds
and coupons. The fiscal officer of the political subdivision or of a
district therein shall impose upon each contractor such service charge
for receiving, handling and disbursing funds and coupons pursuant to
section one hundred six of this article as the local governing body of
the political subdivision may provide by local law or ordinance. Such
service charge shall not exceed a reasonable amount which is generally
consistent with charges by a bank or trust company for such a service.
This section shall not apply where a political subdivision or district
therein has entered into an agreement with a bank or trust company
pursuant to section one hundred six of this article.
Structure New York Laws
Article 5-A - Public Contracts
100-A - Declaration of Policy.
101 - Separate Specifications for Certain Public Work.
102 - Deposits on Plans and Specifications.
103 - Advertising for Bids and Offers; Letting of Contracts; Criminal Conspiracies.
103-A - Ground for Cancellation of Contract by Municipal Corporations and Fire Districts.
103-B - Disqualification to Contract With Municipal Corporations and Fire Districts.
103-C - Removal of Disqualification of Public Contractors by Petition.
103-D - Statement of Non-Collusion in Bids and Proposals to Political Subdivision of the State.
103-E - Conspiracies to Prevent Competitive Bidding or Competitive Offering on Public Contracts.
103-F - Security Bonds; Municipal Projects.
103-G - Iranian Energy Sector Divestment.
104-A - Purchasing of Products for Public Use.
104-B - Procurement Policies and Procedures.
104-C - Disposal of Surplus Computer Equipment.
104-D - The New York State Buy American Salt Act.
105 - Disposition of Deposit Accompanying Bid.
106 - Withdrawal of Retained Percentages.
106-A - Service Charge for Receiving, Handling and Disbursing Funds and Coupons.
106-B - Payment on Public Work Projects.
107 - Claims Against Political Subdivisions; Contractor's Undertaking.
108 - Workmen's Compensation Insurance on Public Works.
109 - Assignment of Public Contracts.
109-A - Purchases Through the Office of General Services by Certain Public Associations.
109-B - Installment Contracts.
109-C - Purchases Through County Contracts by Certain Not-for-Profit Corporations.