N.Y. Comp. Codes R. & Regs. tit. 6, § 615.7 – Sanctions.

(a) reduction of the contract price;
(b) suspension or termination of the contract;
(c) retaining payments until compliance is achieved;
(d) prohibition against further contracts with the department for specified periods of time; and
(e) other penalties of which a contractor has notice in writing prior to or during the performance of a contract.

Sanctions shall be imposed for failure to meet the goal requirements, unless the department determines that goal requirements should be waived because a contractor has made a good-faith effort to comply with goal requirements. Sanctions may consist of the following: