ยง 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.
Structure New York Laws
Article 11-B - Prompt Contracting and Interest Payments for Not-for-Profit Organizations
179-R - Program Plan Submission.
179-S - Time Frames for the Implementation of New Programs and the Execution of New Contracts.
179-T - Time Frames for the Execution of Renewal Contracts.
179-W - Notification and Suspension.
179-Y - Duties of the Comptroller.