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XIV.13.A Overview – XIV. Special Procedures
… Due Date, the State may be required to make an interest payment to the vendor. This is called Prompt Payment Interest (PPI) or Late Payment charges. A … PPI on a payment. Please see Chapter XII, Section 5.I - Prompt Payment Interest Calculations for more details. If a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv13a-overviewI.1 Introduction to the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… The New York State Guide to Financial Operations (GFO) acts as a reference source for … the related financial transactions as well as links to core SFS documentation on the SFS Coach site at … information concerning State financial transactions. Guide to Financial Operations REV. 09/14/2015 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i1-introduction-guide-financial-operationsState Contract and Payment Actions in February
… benefit services for the Empire, Excelsior and Student Employee Health plans. $26.6 million to Beacon Health Options …
https://www.osc.ny.gov/press/releases/2022/03/state-contract-and-payment-actions-februaryState Contract and Payment Actions in November
… In November, the Office of the State Comptroller approved 1,460 contracts for state agencies and public authorities valued at $2.5 billion and approved … Construction Corp. to rehabilitate the Bronx Armory in Bronx County. $5 million with Burns Bros. Contractors LLC …
https://www.osc.ny.gov/press/releases/2021/12/state-contract-and-payment-actions-novemberResponse Planning for Unexpected Events
… Metro-North reassesses and revises its plans or procedures in response to actual unexpected events. This audit covered … its three main lines out of Grand Central Terminal in New York City and its departments include Operations and … event. The rail traffic controller records an entry in a log of all the events of the day in chronological order. Each …
https://www.osc.ny.gov/state-agencies/audits/2021/06/28/response-planning-unexpected-eventsTheresa Fire District – Board Oversight and Financial Management (2021M-60)
… on historic trends. Develop and adopt financial plans for maintaining a reasonable level of fund balance. District …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Valley Central School District – Information Technology (2020M-154)
… complete report - pdf ] Audit Objective Determine whether the Board of Education (Board) and Valley Central School District (District) officials ensured the District’s information technology (IT) systems were … Determine whether the Board of Education Board and Valley Central School …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/18/valley-central-school-district-information-technology-2020m-154State Contract and Payment Actions in January
… In January, the Office of the State Comptroller approved 1,196 contracts for … than 20.3 million payments worth nearly $14.9 billion. The Office rejected 108 contracts and related transactions valued … . The Governor’s Executive Order 202 suspended the Office of the State Comptroller’s review and approval of …
https://www.osc.ny.gov/press/releases/2021/02/state-contract-and-payment-actions-januaryDiNapoli Releases Bond Calendar for First Quarter
… $1.9 billion scheduled for January, of which $717 million is for new money and $1.18 billion for refunding and … billion scheduled for February, of which $1.6 billion is for new money and $1.73 billion for refunding and … and $1.68 billion scheduled for March, all of which is for refunding purposes. The anticipated sales in the first …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-releases-bond-calendar-first-quarterDiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… her health insurance premiums, giving herself $5,518.77 in benefits that she was not entitled to. "Today, Jennifer … Corning Police Department for their ongoing partnership in ensuring we uncover corruption and carry out justice.” The … light. She pleaded guilty to falsifying business records in the first degree and was ordered to pay restitution in the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsState Contract and Payment Actions in March
… In March, the Office of the State Comptroller approved 1,696 … for remediation at the Saranac Lake Gas Company facility in Franklin County. $1.1 million with General Roofing … LLC for roof rehabilitation at the DEC Training Academy in Oswego County. Office of General Services – Design & …
https://www.osc.ny.gov/press/releases/2021/04/state-contract-and-payment-actions-marchState Contract and Payment Actions in May
… County. $14.5 million with Jersen Construction Group LLC to rehabilitate a wastewater treatment plant at Eastern … New York $8.6 million with Structural Preservation Systems LLC for garage repairs and maintenance at Stony Brook … $7.3 million with Laboratory Corporation of America Holdings for laboratory services at Upstate Medical …
https://www.osc.ny.gov/press/releases/2021/07/state-contract-and-payment-actions-mayEfforts to Collect Delinquent Taxes
… Objective To determine if the Department of Taxation and Finance (Department) is making … To determine if the Department of Taxation and Finance is making adequate efforts in accordance with …
https://www.osc.ny.gov/state-agencies/audits/2021/08/24/efforts-collect-delinquent-taxesGuide to Financial Operations
… The New York State Guide to Financial Operations (GFO) acts as a reference … The New York State Guide to Financial Operations GFO acts as a reference source …
https://www.osc.ny.gov/state-agencies/gfoDiNapoli Releases Bond Calendar for Fourth Quarter
… scheduled for December at this time. The anticipated sales in the fourth quarter compare to past planned sales of $5.06 … is released by the committee to assist participants in the municipal bond market. It is contingent upon execution … spending, the state's 180,000 contracts, billions in state payments and public authority data. Visit the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-releases-bond-calendar-fourth-quarterNew York State Comptroller DiNapoli Statement on New Shareholder Rule
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today issued the … New York State Comptroller Thomas P DiNapoli trustee of the New York State Common Retirement Fund today issued the …
https://www.osc.ny.gov/press/releases/2020/09/new-york-state-comptroller-dinapoli-statement-new-shareholder-ruleControls Over Revocable Consents
… all structures requiring a revocable consent have one in place. Our audit covered the period from July 1, 2016 … rate. Fees charged are assessed using criteria delineated in Title 34, Chapter 7 of the Rules of the City of New York … consents reviewed (21 of 25). The Office was inconsistent in its application of the Rules and did not always apply the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/23/controls-over-revocable-consentsState Contract and Payment Actions in July
… In July, the Office of the State Comptroller approved 1,308 contracts for state agencies and public authorities valued at $6.5 billion and approved … $81.9 million with 250 Broadway Owner LLC for leased space in New York City. $5.8 million with Sharan Builders Inc. to …
https://www.osc.ny.gov/press/releases/2020/08/state-contract-and-payment-actions-julyInternal Controls Over Selected Financial Operations
… Objective To determine whether the Division of Alcoholic Beverage … has adequate controls over selected financial operations to provide reasonable assurance that State assets and … To determine whether the Division of Alcoholic Beverage …
https://www.osc.ny.gov/state-agencies/audits/2020/09/30/internal-controls-over-selected-financial-operationsDiNapoli Releases Bond Calendar For First Quarter
… today announced a tentative schedule for the planned bond sales for the state, New York City, and their major public … authorities during the first quarter of 2017. The planned sales of $4.27 billion include $2.97 billion of new money and … new money and $400 million is a refunding. The anticipated sales in the first quarter compare to past planned sales of …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-bond-calendar-first-quarter