Authorizes the power authority to create the New York State small business development program

This bill authorizes New York's Power Authority to create a small business development program specifically for construction trade businesses meeting size and ownership criteria (independently owned, under $10 million in annual revenue). Eligible small businesses enrolled in the program can compete for up to five years for designated authority contracts, with initial contracts capped at $1.5 million and potential future contracts at $5 million. The program includes provisions for capacity-building assistance, guidance during contract performance, and help obtaining bonding for contracts. Participation is limited to businesses selected by the Power Authority, which sets all eligibility criteria, contract designations, and selection standards.