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Shareholders Cheer Lowe's New Green Energy Initiatives
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2018/03/shareholders-cheer-lowes-new-green-energy-initiativesDiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) plans to … where a company has just one woman on its board, the Fund will vote against members of the board's governance committee … qualified women and individuals from minority groups when considering directors. As a result of the agreements, …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… partners in separately managed accounts or commingled funds. Program partners assist in the timely deployment of … Retirement Fund is one of the largest public pension funds in the United States with assets of approximately …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorPreferred Source Contracting (Follow-Up)
… of implementation of the five recommendations included in our initial audit report, Preferred Source Contracting … and oversight of NYSID and for ensuring NYSID is in compliance with all applicable regulations. Our original … little assurance that NYSID was awarding contracts in a manner that best meets the purpose of the program as …
https://www.osc.ny.gov/state-agencies/audits/2017/11/09/preferred-source-contracting-followXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… method, for capital projects 2 located in New York State related to physical infrastructure undertaken by an … and Part M of Chapter 39 of the Laws of 2019 for details on Authorized Projects/Entities. Projects/Entities. Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-actFly Creek Fire District – Non-Payroll Disbursements (2022M-115)
… (Board) did not ensure purchases were made at the best price. District officials could not demonstrate that …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/23/fly-creek-fire-district-non-payroll-disbursements-2022m-115Planning
… all depends on what you want to do. You need to determine how much income you will need in retirement. The first step is to … Retirement Estimator ( disponsible en español ) or you can get your personal Social Security Statement online by …
https://www.osc.ny.gov/retirement/members/planningBrighton Central School District – Procurement (2022M-205)
… determine that using these vendors was in the District’s best interest. Key Recommendation Document the analysis when …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/02/brighton-central-school-district-procurement-2022m-205Naples Central School District – Online Banking (2015M-143)
… protection of the District’s assets and could improve best practices by enabling alerts and other security measures …
https://www.osc.ny.gov/local-government/audits/school-district/2015/09/11/naples-central-school-district-online-banking-2015m-143North Syracuse Central School District – Professional Services (2022M-34)
… School District (District) officials sought competition for the procurement of professional services and entered into … we reviewed, they did not always seek competition for professional services in accordance with District policy. As a result, services may …
https://www.osc.ny.gov/local-government/audits/school-district/2022/07/29/north-syracuse-central-school-district-professional-services-2022m-34Town of Owasco – Financial Management and Procurement (2021M-70)
… (Town) Board (Board) effectively managed fund balances and reserves for the general, water and sewer district funds … services and playground equipment were procured in a manner to ensure the prudent and economical use of … contracts. Ensure equipment is procured in accordance with applicable policies and statutes. Town officials agreed …
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70Town of Worcester – Claims Audit (2022M-145)
… As a result, disbursements were made for unsupported and/or improper claims and not in the best interest of the taxpayers. In our sample of 199 … $597,410 were approved without evidence of compliance with competitive bidding requirements or the Town’s …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-worcester-claims-audit-2022m-145Town of Oxford – Procurement (2024M-88)
… process when purchasing goods or services, as required by New York State General Municipal Law (GML) Section 103 or the … obtained the most favorable terms and conditions in the best interests of its taxpayers. Recommendations The audit …
https://www.osc.ny.gov/local-government/audits/town/2024/11/22/town-oxford-procurement-2024m-88Opinion 2001-11
… corporation doing business with fire district not relevant for purposes of section 801 of the General Municipal Law) -- … the prudent and economical use of public moneys in the best interest of the taxpayers and guarding against … the contracts such as those in question are awarded in the best interest of the fire district. December 31, 2001 Richard …
https://www.osc.ny.gov/legal-opinions/opinion-2001-11Town of Sanford – Claims Audit Process (2021M-189)
… are listed on abstracts of audited claims. Periodically compare prices to State contracts and contracts bid by other …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189DiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… climate performance including climate transition strategies and plans, greenhouse gas emissions reduction …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesIndependent Oversight: OSC's Contract Review Safeguards Public Funds
… Officer, the Comptroller is responsible for ensuring State and local governments use taxpayer money effectively and efficiently. One way the Office of the State Comptroller … The savings for taxpayers are significant . In 2021 alone, OSC rejected 1,559 contracts and related transactions …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsOpinion 99-14
… in the opinion. PERSONAL PROPERTY -- Disposition of (by exchange for work performed for municipality) PUBLIC … by the contractor of underground tanks constitutes a contract for public work) -- Bidding Monetary Threshold … for any lawful use (see, e.g., Ross v Wilson , 308 NY 605; Orelli v Ambro , 41 NY2d 952, 394 NYS2d 636; Matter …
https://www.osc.ny.gov/legal-opinions/opinion-99-14DiNapoli Releases Report on 30-Day State Budget Amendments
… Amendments to the proposed state budget appropriately lower tax collection estimates in the Financial Plan for state … of teachers and principals, a proposed education tax credit program, extension of tuition assistance to … Budget. These adjustments primarily address a shortfall in tax revenues relative to the most recent projections, …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… can’t continue to ask NFPs to help care for our children, look after the elderly and provide so many other important services without holding up our end of the bargain,” DiNapoli said. “Although recent … was paid by three agencies: Agency Amount Percent of NYS Interest Paid Department of Health $136,076 70% Office of …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profits