Preferred Source Program definition

Preferred Source Program shall refer to the special social and economic goals set by New York State in State Finance Law § 162 that require a governmental entity purchase select Products from designated organizations when the Products meet the “form, function and utility” requirements of the governmental entity. Under State Finance Law § 163, purchases of Products from Preferred Sources are given the highest priority and are exempt from the competitive bidding requirements. The New York State Preferred Sources include: The Correctional Industries Program of the Department of Corrections and Community Supervision (“Corcraft”); New York State Preferred Source Program for People Who Are Blind (“NYSPSP”); and the New York State Industries for the Disabled (“NYSID”). These requirements apply to a state agencies, political subdivisions and public benefit corporations (including most public authorities).
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Preferred Source Program shall refer to the special social and economic goals set by New York State in State Finance Law §162 that require a governmental entity to purchase select commodities and services from designated organizations when the commodities or services meet the "form, function, and utility" requirements of the governmental entity. Under State Finance Law §163, purchases of commodities and services from Preferred Sources are given the highest priority and are exempt from the competitive bidding requirements. The New York State Preferred Sources include: Corcraft; National Industries for the Blind, Inc.; New York State Industries for the Disabled; and the Office of Mental Health. These requirements apply to a state agency, political subdivision and public benefit corporation (including most public authorities).
Sample 1Sample 2Sample 3
Preferred Source Program shall refer to the special social and economic goals set by New York State in State Finance Law §162 that require a governmental entity to purchase select commodities and services from designated organizations when the commodities or services meet the "form, function, and utility" requirements of the governmental entity. Under State Finance Law §163, purchases of commodities and services from Preferred Sources are given the highest priority and are exempt from the competitive bidding requirements. The New York State Preferred Sources include: Corcraft; NYSPSP, and NYSID. These requirements apply to a state agency, political subdivision and public benefit corporation (including most public authorities).
Sample 1Sample 2

Examples of Preferred Source Program in a sentence

  • Section 162 of the State Finance Law requires that Authorized Users afford first priority to the Products of Preferred Source suppliers such as Corcraft (the marketplace name for the NYS Department of Corrections and Community Supervision, Division of Industries), New York State Preferred Source Program for People who are Blind (NYSPSP), and New York State Industries for the Disabled (NYSID), and others determined by law, when such Products meet the form, function and utility of the Authorized User.

Related to Preferred Source Program

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