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Introducing NEW

What to expect today:. Hear the why, how

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Introducing NEW

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    1. Introducing NEW NYS For-Profit Vendor Responsibility Questionnaire Noreen VanDoren - OGS Irene Waldorf - OSC

    2. What to expect today: Hear the why, how & what about the changes Understand new terms Know impact on: VendRep System State Procurement Council & OSC websites Understand the timeline

    3. WHY Change? Experience Difficult for complex vendors Collected unused information Information readily available from other sources

    4. HOW did the changes happen? Joint OGS/OSC workgroup Vendor testing Presentations to New York State Procurement Council (SPC) Invitation to State agency VR Communication Liaisons SPC Vote

    5. WHAT’s the biggest change? Vendor will select scope of disclosure Legal Business Entity; or Organizational unit within and operating under the authority of the Legal Business Entity

    6. New Terms Associated Entity Legal Business Entity Organizational Unit & Chart Reporting Entity

    7. Legal Business Entity (LBE) Must have an IRS assigned Federal Tax Identification Number (TIN) Sole Proprietor – may use Social Security Number

    8. Reporting Entity (RE) A Legal Business Entity Or An Organizational Unit of the larger LBE

    9. Organizational Unit MUST Be an established unit within and operating under authority of LBE Have a designated manager or management team Have primary responsibility for fulfilling contract terms Use Legal Business Entity’s TIN

    10. Associated Entity Any entity the Reporting Entity controls or is controlled by Not “sibling organizations” unless direct relationship with or impact on the Reporting Entity Replaces “Affiliates”

    11. Legal Business Entity is RE

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