NY Pub Auth L § 1108 (2021)
2021 New York Laws PBA - Public Authorities Article 5 - Public Utility Authorities Title 5 - Monroe County Water Authority 1108 - Contracts.

§  1108. Contracts. 1. 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  of  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 percentum 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 Monroe 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.2.  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.