NY Pub Auth L § 1069 (2021)
2021 New York Laws PBA - Public Authorities Article 5 - Public Utility Authorities Title 3 - Erie County Water Authority 1069 - Contracts.

§  1069.  Contracts.  All  contracts, or orders, for work, material or   supplies performed or furnished in connection with construction shall be   awarded by the authority pursuant  to  resolution.  Such  contracts,  or   orders, for work, material or supplies needed for any particular purpose   involving  an  expenditure  for more than five thousand dollars shall be   awarded only after inviting  sealed  bids  or  proposals  therefor.  The   notice  inviting  sealed proposals shall be published at least once in a   newspaper or trade paper selected by the  authority  for  such  purpose,   such publication to be at least ten days before the date for the receipt   of  bids.  If  the  authority  shall not deem it for the interest of the   authority to reject all bids, it shall award the contract to the  lowest   bidder,  unless  the authority shall determine that it is for the public   interest that a bid other than the lowest bid should be accepted. In any   contract for work, material or supplies, there shall be inserted in  the   discretion of the authority a provision that additional work may be done   or  material  or  supplies  furnished for the purpose of completing such   contract at an expense not exceeding fifteen per centum of the amount of   such contract if such additional work, materials or  supplies  shall  be   ordered  by  the  authority. The bidder whose bid is accepted shall give   security for the faithful performance of the contract,  and  such  other   security  as  the authority may require, and may be required to maintain   for such period as shall be stipulated any construction done  under  the   contract,  all  in  the manner prescribed and required by the authority;   and  the  sufficiency  of  such  security  shall,  in  addition  to  the   justification and acknowledgment, be approved by the authority. All bids   or  proposals  shall  be  publicly  opened  by the authority or its duly   authorized agent. If the  bidder  whose  bid  has  been  accepted  after   advertising  shall  neglect or refuse to accept the contract within five   days after written notice that the same has been awarded to him  on  his   bid or proposal, or, if he accepts but does not execute the contract and   give  proper  security the authority shall have the right to declare his   deposit forfeited, and thereupon it shall be readvertised and  relet  as   above  provided.  In case any work shall be abandoned by any contractor,   the authority may, if the best interests of  the  authority  be  thereby   served,  adopt  on behalf of the authority any or all sub-contracts made   by such contractor for such work and all such sub-contractors  shall  be   bound  by  such  adoption if made; and the authority shall in the manner   provided herein readvertise and relet the work specified in the original   contract exclusive of so much thereof as shall be provided  for  in  the   sub-contract  or sub-contracts so adopted. No bid shall be accepted from   or any contracts awarded to, any person or corporation who is in arrears   to the authority, or the county of Erie upon any debt or contract, or is   a defaulter as surety or otherwise upon any obligation of the authority,   or the county. Every contract involving an expenditure of more than five   thousand dollars when made and entered into as herein provided for shall   be executed in duplicate, one  copy  of  which  shall  be  held  by  the   authority  and  one  copy of which shall be delivered to the contractor.   Upon the adoption of a resolution by a vote of  two-thirds  of  all  the   members  of  the  authority  stating  that, for reasons of efficiency or   economy, there is need for standardization,  purchase  contracts  for  a   particular  type or kind of equipment, material or supplies of more than   five thousand dollars may be awarded by  the  authority  to  the  lowest   responsible  bidder furnishing the required security after advertisement   for sealed bids therefor in the manner provided in  this  section.  Such   resolution  shall  contain  a  full  explanation  of the reasons for its   adoption.