N.Y. Public Authorities Law § 2642-m: Contracts

§ 2642-m. Contracts. 1. All contracts for the construction,

reconstruction, rehabilitation or improvement of buildings let by the

authority shall comply with the provisions of section two hundred twenty

of the labor law and shall also be subject to the provisions of law

applicable to contracts let by a municipal corporation, except as

otherwise provided herein.

2. All contracts for the construction, reconstruction, rehabilitation

or improvement of buildings let by the authority shall be in conformity

with the applicable provisions of section one hundred thirty-five of the

state finance law.

3. The authority may, in its discretion, assign contracts for

supervision and coordination to the successful bidder for any

subdivision of work for which the authority receives bids. Any

construction contract awarded by the authority shall contain such other

terms and conditions as the authority may deem desirable. The authority

shall award any construction contract involving an expenditure of more

than five thousand dollars to the lowest bidder who, in its opinion, is

qualified to perform the work required and who is responsible and

reliable. The authority may, however, reject any or all bids or waive

any informality in a bid if it believes that the public interest will be

promoted thereby. The authority may reject any bid, if, in its judgment,

the business and technical organization, plant, resources, financial

standing, or experience of the bidder justifies such rejection in view

of the work to be performed.

4. For the purposes of article fifteen-A of the executive law only,

the authority shall be deemed a state agency as that term is used in

such article, and all contracts for procurement, design, construction,

services and materials shall be deemed state contracts within the

meaning of that term as set forth in such article.