Bill Text: NY A00059 | 2011-2012 | General Assembly | Introduced
Bill Title: Includes net economic impact as a factor to consider in awarding state procurement contracts.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2012-01-04 - referred to governmental operations [A00059 Detail]
Download: New_York-2011-A00059-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 59 2011-2012 Regular Sessions I N A S S E M B L Y (PREFILED) January 5, 2011 ___________ Introduced by M. of A. CAHILL -- read once and referred to the Committee on Governmental Operations AN ACT to amend the state finance law, the economic development law, the general municipal law and the public authorities law, in relation to considering net economic impact in procurement contracts THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "competitive procurement act". 3 S 2. Legislative findings. The legislature hereby finds that in order 4 to assure the economically sound use of public funds for the benefit of 5 the entire state and to facilitate the acquisition of facilities and 6 commodities of maximum quality, this article shall require the negoti- 7 ation of such procurement contracts for public works and public 8 purchases to make the net economic impact of such contract a priority in 9 awarding such procurement contracts. Although the economic impact tradi- 10 tionally includes evaluation of the direct, indirect, and induced 11 impacts of a contract on the economy of this state, the legislature 12 further finds that the "net economic impact" must include consideration 13 of the lowest responsible bid and best value as additional component 14 criteria in determining the overall economic impact of a contract on the 15 state's economy. Therefore, it is in the public's best interest to 16 incorporate the lowest responsible bid and best value criteria into the 17 net economic impact criterion in order to award the most economically 18 viable procurement contracts in New York state. 19 S 3. The state finance law is amended by adding a new section 139-l to 20 read as follows: 21 S 139-L. NET ECONOMIC IMPACT IN PROCUREMENT CONTRACTS. 1. NOTWITH- 22 STANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, WHERE A CONTRACT IS 23 TO BE AWARDED BY A STATE AGENCY, PUBLIC AUTHORITY OR MUNICIPALITY PURSU- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01079-01-1 A. 59 2 1 ANT TO A COMPETITIVE BIDDING PROCESS OR A REQUEST FOR PROPOSAL PROCESS, 2 SUCH STATE AGENCY, PUBLIC AUTHORITY OR MUNICIPALITY SHALL REQUIRE THAT 3 ANY PROPOSAL SUBMITTED BY A PROSPECTIVE CONTRACTOR IN RESPONSE THERETO 4 INCLUDE AN ECONOMIC IMPACT STATEMENT DETAILING HOW AN AWARD OF THE 5 CONTRACT TO THE PARTICULAR CONTRACTOR WOULD BENEFIT THE ECONOMY OF NEW 6 YORK STATE AND SHALL PROVIDE THAT NET ECONOMIC IMPACT WILL BE CONSIDERED 7 IN MAKING THE AWARD. THE WEIGHT TO BE GIVEN TO SUCH NET ECONOMIC IMPACT 8 CRITERION RELATIVE TO OTHER CRITERIA USED TO EVALUATE THE PROPOSALS, 9 INCLUDING LOWEST RESPONSIBLE BIDDER AND BEST VALUE, SHALL BE DETERMINED 10 BY THE CONTRACTING AGENCY, AUTHORITY OR MUNICIPALITY ON A CASE BY CASE 11 BASIS. THE STATE AGENCY, PUBLIC AUTHORITY, OR MUNICIPALITY SHALL GIVE 12 PRIORITY TO THE NET ECONOMIC IMPACT CRITERION WHEREVER PRACTICABLE AND 13 SET FORTH THE BASIS FOR ITS AWARD IN WRITING. 14 2. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE 15 THE FOLLOWING DEFINITIONS: 16 (A) "NET ECONOMIC IMPACT" MEANS THE MEASURE OF ECONOMIC STIMULATION 17 THAT OCCURS FROM PURCHASING TRANSACTIONS THAT HAVE OCCURRED WITHIN THE 18 LOCAL ECONOMY OF NEW YORK STATE AND THE LOWEST RESPONSIBLE BID. NET 19 ECONOMIC IMPACT SHALL BE MEASURED BY DIRECT IMPACT, INDIRECT IMPACT AND 20 INDUCED IMPACT, AS WELL AS LOWEST RESPONSIBLE BID AND BEST VALUE, WHICH 21 ARE DEFINED AS: 22 (1) "DIRECT IMPACT" MEANS THE AMOUNT OF DIRECT ECONOMIC ACTIVITY 23 GENERATED BY THE PURCHASING TRANSACTION, OR BUSINESS TRANSACTIONS, IN 24 QUESTION. THE SETS OF NUMBERS USED TO DETERMINE DIRECT IMPACT ARE A 25 RESULT OF DEVELOPING PER CAPITA NUMBERS BASED ON ACTUAL ECONOMIC DATA 26 SUPPLIED BY TRANSACTION MANAGEMENT, ATTENDANCE FIGURES, AND OTHER FINAN- 27 CIAL INFORMATION FOR ALL TRANSACTION-RELATED ACTIVITIES, AS WELL AS 28 USING AVAILABLE TRANSACTION INDUSTRY AVERAGE PER CAPITA EXPENDITURE 29 LEVELS FOR VARIOUS ITEMS. 30 (2) "INDIRECT IMPACT" INCLUDES ECONOMIC ACTIVITY FELT BY BUSINESSES AS 31 AN INDIRECT RESULT OF THE PURCHASING OR BUSINESS TRANSACTION. 32 (3) "INDUCED IMPACT" IS THE IMPACT GENERATED WHEN THOSE SURROUNDING 33 BUSINESSES PURCHASE ADDITIONAL PRODUCTS AND SERVICES, AND HIRE MORE 34 EMPLOYEES TO MEET THE DEMAND BROUGHT ON BY DIRECT AND INDIRECT IMPACTS. 35 (4) "LOWEST RESPONSIBLE BIDDER" MEANS ANY PERSON, FIRM, CORPORATION, 36 SUCCESSOR CORPORATION, CONTRACTOR OR SUBCONTRACTOR WHO (I) SUBMITS THE 37 LOWEST RESPONSIBLE BID AND (II) IS NOT DISQUALIFIED ON ANY OF THE 38 GROUNDS PROVIDED BY LAW, RULE OR REGULATION. 39 (5) "BEST VALUE" MEANS THE SAME AS IN SUBDIVISION ONE OF SECTION ONE 40 HUNDRED SIXTY-THREE OF THIS CHAPTER. 41 (B) "MUNICIPALITY" SHALL MEAN ANY CITY, TOWN, VILLAGE, COUNTY, MUNICI- 42 PAL CORPORATION, DISTRICT CORPORATION, DISTRICT OR ANY OFFICE, DEPART- 43 MENT OR AGENCY, THEREOF. 44 (C) "STATE AGENCY" SHALL, NOTWITHSTANDING ANY OTHER PROVISION OF LAW, 45 MEAN ANY STATE DEPARTMENT, BOARD, BUREAU, DIVISION, OFFICE, COUNCIL, 46 COMMITTEE OR OFFICER OF THE STATE, OR THE STATE UNIVERSITY OF NEW YORK, 47 OR THE SENIOR COLLEGES OF THE CITY UNIVERSITY OF NEW YORK, OR ANY PUBLIC 48 BENEFIT CORPORATION OR COMMISSION AT LEAST ONE OF WHOSE MEMBERS ARE 49 APPOINTED BY THE GOVERNOR. 50 3. THE COMPTROLLER AND THE COMMISSIONER OF THE DEPARTMENT OF ECONOMIC 51 DEVELOPMENT SHALL ESTABLISH, THROUGH THE PROMULGATION OF RULES AND REGU- 52 LATIONS, AND IN CONSULTATION WITH THE HEADS OF STATE AGENCIES, A METHOD 53 FOR STRUCTURING REQUESTS FOR PROPOSALS TO REQUIRE INCLUSION OF AN 54 ECONOMIC IMPACT STATEMENT AND IN EVALUATING RESPONSES TO SUCH REQUESTS 55 FOR PROPOSALS. THE COMPTROLLER SHALL ALSO ESTABLISH THROUGH THE PROMUL- 56 GATION OF RULES AND REGULATIONS GUIDELINES FOR AGENCIES, AUTHORITIES AND A. 59 3 1 MUNICIPALITIES TO INCORPORATE CONSIDERATION OF THE LOWEST RESPONSIBLE 2 BIDDER CRITERIA INTO THE NET ECONOMIC IMPACT FORMULA. SUCH NET ECONOMIC 3 IMPACT SHALL INCLUDE, BUT NOT BE LIMITED TO, CONSIDERATION OF WHERE 4 SUBCONTRACTORS USED BY CONTRACTORS TO FULFILL A CONTRACT ARE LOCATED, 5 HOW MANY JOBS IN THE STATE, IF ANY, WILL BE CREATED BY THE AWARDING OF 6 SUCH A CONTRACT, AND THE ESTIMATED TAX REVENUE AND ANCILLARY ECONOMIC 7 ACTIVITY THAT WOULD BE GENERATED IN THE STATE THROUGH THE AWARDING OF 8 SUCH CONTRACTS AND SUBSEQUENT SUBCONTRACTS, LOWEST RESPONSIBLE BID, AND 9 BEST VALUE. SUCH RULES AND REGULATIONS SHALL INCLUDE A PROCEDURE WHEREBY 10 A STATE AGENCY, PUBLIC AUTHORITY OR MUNICIPALITY MAY REQUEST A WAIVER 11 FROM THE REQUIREMENTS OF THIS SECTION. 12 4. (A) THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO CONTRACTS FOR 13 WHICH A STATE AGENCY, PUBLIC AUTHORITY, OR MUNICIPALITY RECEIVES FUNDS 14 ADMINISTERED BY THE FEDERAL GOVERNMENT, EXCEPT TO THE EXTENT THAT THE 15 FEDERAL GOVERNMENT WOULD NOT WITHHOLD SUCH FUNDS OWING TO THE STATE 16 AGENCY'S, PUBLIC AUTHORITY'S, OR MUNICIPALITY'S COMPLIANCE WITH THIS 17 SECTION. 18 (B) THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO CONTRACTS 19 BETWEEN A STATE AGENCY, PUBLIC AUTHORITY, OR MUNICIPALITY IN NEGOTIATED 20 RECIPROCITY FOR GOODS OR SERVICES, EXCEPT TO THE EXTENT THAT SUCH NET 21 ECONOMIC IMPACT SHALL NOT UNDERMINE SUCH RECIPROCAL CONTRACT AGREEMENT. 22 5. ANY PERSON, FIRM, CORPORATION, SUCCESSOR CORPORATION, LABOR ORGAN- 23 IZATION, CONTRACTOR OR SUBCONTRACTOR MAY, WITHIN TEN DAYS AFTER A BID IS 24 ACCEPTED, FILE AN APPLICATION TO CHALLENGE THE DETERMINATION. UPON 25 RECEIPT OF SUCH APPLICATION, THE COMPTROLLER, OR HIS OR HER DESIGNEE, 26 SHALL CONDUCT A HEARING TO DETERMINE THE VALIDITY OF THE APPLICATION. 27 NOTICE SHALL BE GIVEN TO THE APPLICANT AND TO THE PROPOSED CONTRACT BID 28 AWARDEE OF THE DATE, TIME AND PLACE OF THE HEARING. THE APPLICANT AND 29 THE PROPOSED CONTRACT BID AWARDEE SHALL BE GIVEN THE OPPORTUNITY TO 30 PRESENT EVIDENCE AND WITNESSES ON THEIR BEHALF. THE COMPTROLLER, OR HIS 31 OR HER DESIGNEE, PRESIDING OVER SUCH HEARING SHALL ISSUE A WRITTEN DECI- 32 SION WITH FINDINGS OF FACT WHETHER THE PROPOSED CONTRACT BID AWARDEE IS 33 VALID DETERMINATION. SUCH CONTRACT SHALL NOT BE AWARDED PRIOR TO SUCH 34 DECISION. THE AWARDING AGENCY, AUTHORITY, OR MUNICIPALITY SHALL NOTIFY 35 ALL BIDDERS REGARDING THE SELECTION OF ITS PROPOSED CONTRACT BID AWAR- 36 DEE. 37 S 4. The opening paragraph and paragraph c of subdivision 2, the open- 38 ing paragraph and subparagraphs (ii), (v) and (vi) of paragraph a and 39 subparagraph (i) of paragraph b of subdivision 3 of section 163 of the 40 state finance law, as added by chapter 83 of the laws of 1995, are 41 amended to read as follows: 42 The objective of state procurement is to facilitate each state agen- 43 cy's mission while protecting the interests of the state and its taxpay- 44 ers and promoting fairness in contracting with the business community. 45 The state's procurement process shall be guided by the NET ECONOMIC 46 IMPACT, PURSUANT TO SECTION ONE HUNDRED THIRTY-NINE-L OF THIS CHAPTER, 47 OF A CONTRACT ON THE STATE AND THE following principles: 48 c. To encourage the investment of the private and not-for-profit 49 sectors in New York state by making reasonable efforts to ensure that 50 offerers are apprised of procurement opportunities; by specifying the 51 elements of a responsive bid and disclosing the process for awarding 52 contracts including, if applicable, the relative importance and/or 53 weight of [cost] NET ECONOMIC IMPACT and the overall technical criterion 54 for evaluating offers; and by ensuring the procurement is conducted 55 accordingly. A. 59 4 1 State agency procurement practices for commodities shall incorporate 2 NET ECONOMIC IMPACT, PURSUANT TO SECTION ONE HUNDRED THIRTY-NINE-L OF 3 THIS CHAPTER, AND THEN the following: 4 (ii) Commodities contracts shall be awarded on the basis of [lowest 5 price to] NET ECONOMIC IMPACT OF a responsive and responsible offerer; 6 or, in the case of multiple awards, in accordance with paragraph c of 7 subdivision ten of this section. 8 (v) Consistent with guidelines issued by the state procurement coun- 9 cil, state agencies may competitively purchase commodities procured in 10 accordance with this article in lieu of using centralized contracts when 11 the resultant [price is less] NET ECONOMIC IMPACT IS GREATER than the 12 centralized contract [price]. 13 (vi) When justified by [price] NET ECONOMIC IMPACT, state agencies, 14 and hospitals and facilities managed and controlled by state agencies 15 eligible pursuant to section twenty-eight hundred three-a of the public 16 health law, shall be eligible to make purchases pursuant to guidelines 17 issued by the state procurement council from a consortium or comparable 18 entity in lieu of using centralized contracts for commodities. 19 (i) determine, in cooperation with the state procurement council and 20 state agencies, the identity, form, function and utility of those 21 commodities which shall be made available on or through centralized 22 contracts. CRITERIA SHALL INCLUDE THE NET ECONOMIC IMPACT, AS DEFINED IN 23 SECTION ONE HUNDRED THIRTY-NINE-L OF THIS CHAPTER, ON NEW YORK STATE'S 24 ECONOMY. Criteria may include, but need not be limited to, the avail- 25 ability of a volume discount, prior use of the commodity among state 26 agencies and the relative cost of establishing the contract, its antic- 27 ipated use and expected actual savings for the state. The commissioner 28 may also act as a broker for state agencies to procure commodities. 29 S 5. The opening paragraph and paragraph d of subdivision 4 of section 30 163 of the state finance law, as added by chapter 83 of the laws of 31 1995, are amended to read as follows: 32 State agency procurement practices for services shall incorporate THE 33 NET ECONOMIC IMPACT, AS DEFINED IN SECTION ONE HUNDRED THIRTY-NINE-L OF 34 THIS CHAPTER, AND THEN the following: 35 d. Service contracts shall be awarded on the basis of [best value to] 36 NET ECONOMIC IMPACT OF a responsive and responsible offerer; or, in the 37 case of multiple awards, in accordance with paragraph c of subdivision 38 ten of this section. 39 S 6. Subdivision 7, paragraphs a and b of subdivision 9, the opening 40 paragraph and paragraph a of subdivision 10, the opening paragraph of 41 subdivision 11 and paragraph (i) of subdivision 14 of section 163 of the 42 state finance law, as added by chapter 83 of the laws of 1995, subdivi- 43 sion 7 as amended by section 10 of part FF of chapter 56 of the laws of 44 2010, and paragraph (i) of subdivision 14 as amended by chapter 95 of 45 the laws of 2000, are amended to read as follows: 46 7. Method of procurement. Consistent with the requirements of subdivi- 47 sions three and four of this section, state agencies shall select among 48 permissible methods of procurement including, but not limited to, an 49 invitation for bid, request for proposals or other means of solicitation 50 pursuant to guidelines issued by the state procurement council. State 51 agencies may accept bids electronically including submission of the 52 statement of non-collusion required by section one hundred thirty-nine-d 53 of this chapter and may, for technology contracts and, in addition, for 54 the period from July first, two thousand ten, to July first, two thou- 55 sand twelve, fuels (home heating, diesel, gasoline, natural gas), road 56 salt, recycled paper, tires, telecommunications equipment, industrial A. 59 5 1 supplies (tools, equipment), bituminous materials, drainage and culvert 2 pipe, and road aggregate (gravel), require electronic submission as the 3 sole method for the submission of bids for the solicitation, provided 4 that the agency has made a determination, which shall be documented in 5 the procurement record, that such method affords a fair and equal oppor- 6 tunity for offerers to submit responsive offers. Except where otherwise 7 provided by law, procurements shall be competitive, and state agencies 8 shall conduct formal competitive procurements to the maximum extent 9 practicable. State agencies shall document the determination of the 10 method of procurement and the basis of award in the procurement record. 11 Where the basis for award is the best [value] NET ECONOMIC IMPACT offer, 12 the state agency shall document, in the procurement record and in 13 advance of the initial receipt of offers, the determination of the eval- 14 uation criteria, which whenever possible, shall be quantifiable, and the 15 process to be used in the determination of best [value] NET ECONOMIC 16 IMPACT and the manner in which the evaluation process and selection 17 shall be conducted. 18 a. The commissioner or a state agency shall select a formal compet- 19 itive procurement process in accordance with guidelines established by 20 the state procurement council and document its determination in the 21 procurement record. The process shall include, but is not limited to, a 22 clear statement of need; a description of the required specifications 23 governing performance and related factors; a reasonable process for 24 ensuring a competitive field; a fair and equal opportunity for offerers 25 to submit responsive offers; and a balanced and fair method of award. 26 Where the basis for the award is best [value] NET ECONOMIC IMPACT, 27 documentation in the procurement record shall, where practicable, 28 include a quantification of the application of the criteria to the 29 rating of proposals and the evaluation results, or, where not practica- 30 ble, such other justification which demonstrates that best [value] NET 31 ECONOMIC IMPACT will be achieved. 32 b. The solicitation shall prescribe the minimum specifications or 33 requirements that must be met in order to be considered responsive and 34 shall describe and disclose the general manner in which the evaluation 35 and selection shall be conducted. Where appropriate, the solicitation 36 shall identify the relative importance and/or weight of [cost] NET 37 ECONOMIC IMPACT and the overall technical criterion to be considered by 38 a state agency in its determination of best [value] NET ECONOMIC IMPACT. 39 Contracts for commodities shall be awarded on the basis of [lowest 40 price to] NET ECONOMIC IMPACT OF a responsive and responsible offerer, 41 PURSUANT TO SECTION ONE HUNDRED THIRTY-NINE-L OF THIS CHAPTER. 42 Contracts for services shall be awarded on the basis of best [value] NET 43 ECONOMIC IMPACT from a responsive and responsible offerer, PURSUANT TO 44 SECTION ONE HUNDRED THIRTY-NINE-L OF THIS CHAPTER. Multiple awards for 45 services and commodities shall be conducted in accordance with paragraph 46 c of this subdivision. 47 a. Selection and award shall be a written determination in the 48 procurement record made by the commissioner or a state agency in a 49 manner consistent with the provisions of the solicitation. In the event 50 two offers are found to be substantially equivalent, [price] NET ECONOM- 51 IC IMPACT shall be the basis for determining the award recipient or, 52 when [price] NET ECONOMIC IMPACT and other factors are found to be 53 substantially equivalent, the determination of the commissioner or agen- 54 cy head to award a contract to one or more of such bidders shall be 55 final. The basis for determining the award shall be documented in the 56 procurement record. A. 59 6 1 It shall be the responsibility of the head of each state agency to 2 periodically sample the results of the procurement process to test for 3 reasonableness; to ensure that the results withstand public scrutiny and 4 that the quality and the price of the purchase makes sense; and to 5 ensure that purchasing is conducted in a manner consistent with the best 6 NET ECONOMIC IMPACT interests of the state. 7 (i) a listing of individual and centralized contracts, including 8 vendor name, comptroller approval dates, NET ECONOMIC IMPACT OF SUCH 9 CONTRACTS, dollar value of such contracts, the state agency which let 10 the contract and/or state agencies which purchased off centralized 11 contracts, expenditures made on each such contract and by which agencies 12 during the fiscal year and life to date, citing contract category codes, 13 source selection method, including ["lowest price", "best value",] NET 14 ECONOMIC IMPACT, sole source, single source, negotiated and emergency 15 procurement subtotaled by agency and by type of commodity or service; 16 S 7. Subdivision 1 of section 142 of the economic development law, as 17 amended by chapter 137 of the laws of 2008, is amended to read as 18 follows: 19 1. The commissioner shall publish on a daily basis a procurement 20 opportunities newsletter, which shall contain notices of procurement 21 contract opportunities and any other information the commissioner deems 22 necessary to effectuate the purposes of this article INCLUDING, BUT NOT 23 LIMITED TO, ANY CHANGES IN THE LAW, RULES AND REGULATIONS REGARDING 24 PROCUREMENT CONTRACTS. Notices of procurement contract opportunities 25 shall be available on the internet for at least fifteen days. 26 S 8. Section 100-a of the general municipal law, as added by chapter 27 363 of the laws of 1964, is amended to read as follows: 28 S 100-a. Declaration of policy. [It] NOTWITHSTANDING ANY PROVISION OF 29 THIS ARTICLE TO THE CONTRARY, IT is hereby declared to be the policy of 30 this state that this article shall [be construed] CONSIDER THE NET 31 ECONOMIC IMPACT, AS DEFINED IN SECTION ONE HUNDRED THIRTY-NINE-L OF THE 32 STATE FINANCE LAW, AS THE PRIORITY in the negotiation of contracts for 33 public works and public purchases to which political subdivisions [or 34 and district] AND/OR DISTRICTS therein [is] ARE a party so as to assure 35 the prudent and economical use of public moneys for the benefit of all 36 the inhabitants of the state and to facilitate the acquisition of facil- 37 ities and commodities of maximum quality [at the lowest possible cost]. 38 S 9. Subdivision 1 of section 2879 of the public authorities law, as 39 amended by chapter 564 of the laws of 1988, is amended to read as 40 follows: 41 1. Every public authority and public benefit corporation, a majority 42 of the members of which consist of persons either appointed by the 43 governor or who serve as members by virtue of holding a civil office of 44 the state, or a combination thereof, (such entities to be hereinafter in 45 this section referred to as "corporation") shall adopt by resolution 46 comprehensive guidelines which detail the corporation's operative policy 47 and instructions regarding the use, awarding, monitoring and reporting 48 of procurement contracts. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, 49 RULE OR REGULATION, SUCH GUIDELINES SHALL INCLUDE, BUT NOT BE LIMITED 50 TO, MAKING CONSIDERATION OF THE NET ECONOMIC IMPACT, AS DEFINED IN 51 SECTION ONE HUNDRED THIRTY-NINE-L OF THE STATE FINANCE LAW, THE PRIORITY 52 IN AWARDING PROCUREMENT CONTRACTS. Guidelines approved by the corpo- 53 ration shall be annually reviewed and approved by the corporation. 54 S 10. This act shall take effect on the one hundred eightieth day 55 after it shall have become a law; provided, however, the provisions of 56 this act shall be applied to all contracts entered into on or after A. 59 7 1 April 1, 2011; and provided, further, however, that the amendments to 2 the provisions of section 163 of the state finance law made by sections 3 four, five and six of this act shall not affect the repeal of such 4 section and shall be deemed repealed therewith. Effective immediately, 5 the addition, amendment and/or repeal of any rule or regulation neces- 6 sary for the implementation of this act on its effective date is author- 7 ized and directed to be made and completed on or before such date.