September 2018 DASNY News & Updates
DASNY Releases 2018 Annual Report
Another year is quite literally in the books. DASNY has released its 2018 Annual Report – and when you finance, design and build infrastructure for New York State, there is a lot to talk about.

This year’s report displays how DASNY has enhanced its project delivery and expanded its service offerings to better respond swiftly and expertly to its clients’ rapidly changing needs.

“By promoting top-line growth, managing risk and creating more efficient processes, we better position ourselves to further our public service mission and serve the people of this great state,” said Gerrard P. Bushell, Ph.D., DASNY President & CEO.

The report shares how DASNY is delivering for New York State and adding value to its partnerships in both construction and finance with a broad range of services. Specifically, DASNY:

  • Issued $8.5 billion of bonds;
  • Managed a pipeline of 932 construction projects valued at $6.16 billion; and
  • Financed $148.7 million of low-cost, tax-exempt equipment leases (TELP).

Additionally, throughout the report you will see featured articles ranging from how DASNY executed a newly developed design-build contract for a $24 million residence hall at The College at Brockport, to DASNY’s work with its partners in State government to strengthen the Western New York economy by revitalizing Niagara Falls State Park.

You can view the 2018 Annual Report on DASNY’s website.
Ribbon Cut at SUNY Plattsburgh
The symbolic ribbon was cut, and the celebration was on in the North Country. On September 18 at SUNY Plattsburgh, the campus marked the completion of a $15 million project to improve Macomb and Mason Halls. The project is part of roughly $59 million in capital renovation projects DASNY is completing on SUNY campuses statewide.

The 48,000-square foot, 152-bed Macomb Hall received complete renovations in time for the start of the fall 2018 semester.

Work included the installation of a new heating and ventilation systems to improve indoor air quality, as well as the addition of new doors, energy-efficient windows, and new roofing.

"We appreciate the partnership with DASNY, which gives us the ability to invest in our facilities on a regular, timely basis,” said SUNY Plattsburgh President John Ettling. “The green features inside, new landscaping outside and added kitchenettes on every floor will make this centerpiece residence hall a special home for students."

The project was financed through DASNY’s SUNY Dormitory Facilities Program, which issues low-cost, tax-exempt bonds supported by student residence
hall fees.

At Mason Hall, the second phase of its bathroom renovations is complete. The rest of the 21,400-square foot, 197-bed residence hall was renovated in 2015. You can view project photos on DASNY’s Flickr page .
Bevier Hall at SUNY New Paltz Earns LEED Gold
When DASNY completed a $19 million major renovation at SUNY New Paltz's Bevier Hall in 2017, it was going for gold. The project was designed to LEED-Gold standards under the U.S. Green Building Council's sustainability and energy efficiency guidelines. 

Fast forward to 2018: Bevier Hall has been officially certified LEED-Gold by the USGBC!

So how did DASNY’s team make
the grade?

Low-emitting materials were used to ensure air quality. Bike racks and water-bottle fill stations were installed, as was energy-efficient lighting. Energy performance is expected to be nearly 30 percent better than code, supporting Governor Cuomo's Executive Order 88, which is to achieve a 20 percent reduction in energy use in State buildings by 2020 through the BuildSmart NY program, which was established in 2012.

"Governor Cuomo's commitment and investment in energy efficiency in public buildings will significantly help the University reduce its energy bills and carbon footprint,” said Alicia Barton, New York State Energy Research and Development Authority President and CEO. “This project at Bevier Hall demonstrates that energy efficiency measures in our buildings is a financial and environmental win-win for all New Yorkers."

The 212-bed, 49-year-old residence hall also underwent a complete mechanical and plumbing upgrade, and had improvements made to its fire protection system.

You can view project photos on DASNY’s Flickr page.
DASNY Accepting Applications
for 2018 Surety Bond Training Program 
DASNY is pleased to announce it is once again providing a surety bond training program to help MWBE and SDVOB construction firms grow their capacities so they can take on larger projects.

Working with The Cayemitte Group, classroom and Quickbooks training will be made available, as well as one-on-one consulting services. 

Eighteen sessions will help firm owners develop their skills in topics including: accounting and finance, operations, contract law and avoiding construction fraud, optimizing your bond line, and estimating and working with construction documents. 

Classes will be held every other Tuesday night starting on October 23, 2018 from 6:00-8:00 p.m. at One Penn Plaza, 52nd Floor in New York City (upstairs from Penn Station) and streamed live for viewing anywhere in New York State.

Seating is limited. For more information, go to DASNY’s webpage on the Surety Bond Training Program. Apply online today.
Employment Opportunities

Want to be part of the DASNY team?
All qualified candidates are encouraged to apply.
DASNY is currently searching for:

  • Senior Financial Analyst (Financial Management) Albany. The Senior Financial Analyst participates in the financing process through the review of bond documents, cashflows and closing documents, and/or supervises and oversees the preparation of all debt financial statement footnotes, accruals, supplemental schedules and any other debt audit requirements, and supervises debt reporting and numerous bond management activities through the life of the bonds. Learn more
  • Senior Field Representative (Downstate Construction) Downstate. The Senior Field Representative exercises independent judgment and makes high-level decisions while assisting the Project Manager or Senior Project Manager in all aspects of a construction project or projects and/or highly complex projects (projects having a high degree of variables including budget, schedule, number of contracts, management approach, delivery method, level of service, phasing, customer orientation, staffing, labor, location and site access, design and/or construction complexity, environmental issues and other non-traditional projects), including ensuring compliance with contract provisions, contract administration and monitoring, evaluating and making recommendations related to project budgets and schedules, and developing recovery plans related to quality, budget and schedule. Learn more

DASNY is an Equal Employment Opportunity employer
committed to excellence and diversity.
Upcoming Events
What: 2018 New York State MWBE Forum
  • Building New York: Bonds, Buildings, Energy Performance Contracting and More — Meet Team DASNY
  • Join Team DASNY and meet with our Senior Leadership to learn more about our project and procurement plans. Discover new and innovative strategies for diversity participation on our construction, professional services and commodity contracts.
When: Wednesday, October 3
Where: Empire State Convention Center, Albany, NY
Meet Team DASNY
In the August 2018 edition of Access DASNY , the caption in the “Opening Doors to New Opportunities” section incorrectly identified Gayle Horowitz, CUNY’s Secretary of the Board (far left) as Meghan Moore-Wilk.