9 NYCRR § 2522.4 — Adjustment of legal regulated rent (Rent Stabilization Code, via Cornell LII)

Citation
9 NYCRR § 2522.4 — Adjustment of legal regulated rent (Rent Stabilization Code, via Cornell LII)
Jurisdiction
New York (state)
Source verification
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Original Source
https://www.law.cornell.edu/regulations/new-york/9-NYCRR-2522.4 ↗

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(3) A
certification by each bidder disclosing whether the owner or any board member,
general partner, officer or employee of owner, and/or principal or employee of
any managing agent retained by owner, has a direct or indirect interest in the
bidder or in the compensation to be received by the bidder pursuant to the
proposed contract. Failure to accurately and fully complete this certification
may result in the rejection of the bid for purposes of determining owner's
application for waiver of the use of the Reasonable Cost Schedule, as well as
rejection and a dismissal of the major capital improvement application;
and

(4) Detailed description of the
items for which owner initially solicited bids.

(c) A certification by the owner's architect
or engineer certifying the necessity, appropriateness, and reasonableness of
the costs of all changes to the original agreed upon scope of work that were
performed in connection with the major capital improvement, along with a
description of the changes in the scope, price, or time of completion of the
work related to each change order.

(xi) For Emergency Capital Improvement MCI
Applications:

The owner must submit a statement from an independent
engineer or architect describing the emergency, why the costs were greater than
those in the schedule, that the costs were reasonable for the situation, and
why the owner could not obtain three bids in a timely manner due to the exigent
circumstances.

(xii)
Notice:

As part of the major capital improvement application
process, any request by an owner for a waiver of application of the Reasonable
Cost Schedule shall be made available to the tenants of the subject building(s)
with an opportunity to comment on and contest the waiver.

(xiii) Operational Bulletin