NY Legislators Move to Lessen Long-Standing Nonprofit Contract Delays
Central Current recently published an article detailing New York State’s efforts to address a long-standing challenge for nonprofits: delayed payments on state contracts. Legislators have approved an overhaul that includes provisions such as 25 percent advance payments, interest on late reimbursements, and automatic contract renewals—steps designed to relieve the heavy financial strain nonprofits face when… Read more »