2006 New York Code - 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.