2016 New York Laws
PML - Racing, Pari-Mutuel Wagering and Breeding Law
Article 6 - (Racing, Pari-Mutuel Wagering and Breeding Law) NEW YORK CITY OFF-TRACK BETTING CORPORATION
609 - Contracts of corporation.

  609.  Contracts  of  corporation.  1.  The  corporation  shall  let
  contracts for construction or any other work, including  the  furnishing
  of  materials  or  supplies  incident  thereto,  and  contracts  for the
  purchase or procurement of equipment, materials or supplies: (i) in  the
  manner  provided by law with respect to the letting of such contracts by
  the state, except that where the estimated expense of  a  contract  does
  not  exceed  ten  thousand  dollars,  such  contract may be entered into
  without public letting, provided however,  that  where  the  corporation
  determines  with  respect  to  any  contract that it would not be in the
  public interest to comply with this section and the  office  of  general
  services,  concurs  in  such  determination, then it may enter into such
  contract without public letting as authorized; or  (ii)  in  the  manner
  provided   in  section  five  hundred  seven  of  this  chapter,  if  in
  conjunction with one or more regional off-track betting corporations.
2. The corporation  may  make  rules  and  regulations  governing  the
  qualifications  of  bidders entering into such a contract where the cost
  of such a contract exceeds ten thousand  dollars.  The  bidding  may  be
  restricted  to  those  who  shall have qualified prior to the receipt of
  bids according to standards fixed by the corporation; provided, however,
  that notice or notices for the submission  of  qualifications  shall  be
  published  in  the  state  register  and in an appropriate trade journal
  published in the state, at least once, not less than ten days  prior  to
  the date fixed for the filing of qualifications.
3.  It  shall be a misdemeanor for a director of the corporation or an
  officer, agent,  executive  or  other  employee  retained,  employed  or
  appointed  by  the  corporation  to  be in any manner or way interested,
  directly or indirectly, as principal, surety or otherwise in a contract,
  the expense or consideration whereof is payable  out  of  funds  of  the
  corporation. The corporation shall be subject to procurement lobbying as
  provided   in   sections  one  hundred  thirty-nine-j  and  one  hundred
  thirty-nine-k of the state finance law.