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Upcoming Event:
Wednesday, June 26, 2024 | 9:00 AM – 10:00 AM – Finance and Audit Committee Meeting – LIPA, 333 Earle Ovington Blvd. 4th Floor, Uniondale, NY 11553

Procurement Reports

Browse through several of LIPA’s major contracts, procurement reports, studies, and minority and women-owned business utilization plans. LIPA contracts exceeding $50,000 are audited and approved by the New York State Comptroller’s Office and the Office of the Attorney General prior to becoming effective.

LIPA is required by Section 2879 of the Public Authorities Law to adopt by resolution comprehensive guidelines, to be annually reviewed and approved by the Board of Trustees, regarding the use, awarding, monitoring and reporting of procurement contracts. Board Policy requirements include: 

  • Established goals of 30% participation for New York State-certified MWBEs (Article 15-A, Executive Law)and 6% participation for New York State certified SDVOBs (Article 17-B, Executive Law)
  • Employ and document good faith efforts in the procurement process
  • Require prime vendors to submit utilization plans and Equal Employment Opportunity policies for achieving MWBE and SDVOB goals
  • Require prime vendors to submit periodic compliance reports