State Codes and Statutes

Statutes > New-york > Gmu > Article-5-a > 109

§  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.

State Codes and Statutes

Statutes > New-york > Gmu > Article-5-a > 109

§  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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Gmu > Article-5-a > 109

§  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.