Criminal penalties for providing false information in contracting and maintaining information on subcontractors.

This bill would increase penalties for providing false information related to the qualifications of any bidder on city contracts and create a violation, punishable by monetary penalties, for providing false information related to a subcontractor when a subcontract is submitted for approval. The penalties in both instances would fall within a $1000 to $25,000 range. The bill would also require the Mayor and Comptroller to keep certain information on the identity of subcontractors who perform work on city contracts. This information would be compiled in the computerized database they are currently required to maintain. Finally, this bill would provide a section heading for section 6-116.2 of the administrative code.