Sentences with phrase «reforming economic development contract»

Governor Cuomo has been talking about reforming economic development contract awards in his administration, following federal criminal charges against nine people, one a former top aide, on bribery and bid rigging charges in connection with the Buffalo Billion and other projects.

Cuomo has been talking about reforming economic development contract awards in his administration, following federal criminal charges against nine people — one a former top aide — on bribery and bid - rigging charges in connection with the Buffalo Billion and other projects.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Regardless of what verdict the jury brings back in the case, Horner said the case shows how reforms need to be made on how economic development contracts are doled out.

A number of non-fiscal measure are a range of good government reforms including same - day registration, early voting, closing the LLC loophole and oversight of economic development contracts.

The push for procurement oversight reform began last year following the arrests of ex-SUNY Polytechnic President Alain Kaloyeros and a former close aide to the governor, Joe Percoco as well as prominent upstate developers, accused of rigging bids for economic development contracts.

The governor also wants to reform the state's contracting process to address a scandal in his office over economic development contracts.

With less than two weeks left in the legislative session, some New York lawmakers are pressing for reform of the state's economic development contracting process in light of a scandal that's led to federal corruption charges against several former associates of Gov. Andrew Cuomo.

The gist of our testimony was that the legislature should not appropriate any new funds for discretionary economic development programs until there are major transparency and accountability reforms, including a Database of Deals, Clean Contracting reforms and restrictions on campaign contributions from state -LSB-...]

Meanwhile, in the Senate, which is controlled by Republicans, the Finance Committee voted to move on another reform bill that would add more oversight to the state's economic development project contracting process.

Camarda and others are advocating for a «deal database» to track all economic development contracts, and he expects to see reform in that area, a sensitive one for Cuomo — bid rigging.

Issues mentioned in the flyer included the Senators failure to: Stand up to the Governor when he shut down hundreds of construction jobs; Stand up to the Governor when he violated public employees contracts; Reform our broken economic development system; Enact a farm workers bill of rights; Increase the state's unemployment benefit.

To date, the legislature has not passed the comprehensive reforms needed to reduce the enormous corruption risks revealed by the alleged rigging of $ 800m in upstate economic development contracts.

John Kaehny, with the reform group Reinvent Albany, says lawmakers need to make economic development contracts more transparent, to avoid potential corruption in the future.

Another issue much discussed during the session is the reform of the state's economic development contracting process after a scandal in the governor's office.

But good - government groups insist there needs to be broader, more independent reforms, including the creation of a database of subsidies published online, empowering the state comptroller to review all contracts worth more than $ 250,000, and ending the awarding of government economic development incentives by SUNY.

Government reform groups in Albany want state lawmakers Cuomo to strengthen the state's contracting and procurement system after nine people were arrested on charges of bid - rigging related to a lucrative economic development project.

Meanwhile, in the State Senate, which is controlled by Republicans, the Finance Committee voted to move on another reform bill, adding more oversight to the state's economic development project contracting process.

DeFrancisco said another item he would like to see pass is procurement reform so the state comptroller can review the contracts of the state's economic development projects before they are signed.

The gist of our testimony was that the legislature should not appropriate any new funds for discretionary economic development programs until there are major transparency and accountability reforms, including a Database of Deals, Clean Contracting reforms and restrictions on campaign contributions from state vendors.

Lawmakers and good - government groups say reforms that include stronger oversight of spending, a database of contracts and even a freeze on new economic development spending may be needed.

In the wake of the latest public corruption scandal, Cuomo said his State of the State message next January will include a reform package that will provide more checks and balances when it comes to awarding state economic development contracts.

Last December, six good - government groups demanded reforms to the state's process of awarding and monitoring economic development contracts.

FPI and other organizations gathered in the Capitol to ask lawmakers to pass reforms that would expand New York State's contracting guidelines in order to oversee economic development projects and to prevent other bribery and bid - rigging scandals.

This article discusses the failure of lawmakers to implement ethical reforms that would prevent bid - rigging scandals in economic development contracts.

It's a bad day at the end of the legislative session when nothing gets done on contract reform, on economic development reform and we... (read more)

Government reform groups say they are encouraged by momentum at the State Capitol to reform New York's economic development contracts, which have led to a corruption scandal.

With under two weeks left in the legislative session, some New York lawmakers are pressing for reform of the state's economic development contracting process, in light of a scandal that's led to federal corruption charges against several former associates of Governor Andrew Cuomo.

At the same time, reforming international investment law is not only on the agendas of contracting parties, it also plays an important role for international organizations, such as the United Nations Conference on Trade and Development (UNCTAD), the Organisation for Economic Co-operation and Development (OECD), or the Southern African Development Community (SADC).