New York Laws
Title 4-C - Small Business Concerns Set-Aside Purchases and Contracts for Property and Services at the Medgar Evers College, City University of New York
1699-O - Withdrawal of Designation of Small Business Set-Asides.

ยง 1699-o. Withdrawal of designation of small business set-asides. If
the total number of small businesses responding to the invitation to bid
and considered capable of meeting the specifications and terms of the
invitation to bid is less than three, or if the chairman determines that
acceptance of the best bid will result in the payment of an unreasonable
price, the chairman shall reject all bids and withdraw the designation
of small business set-aside.

If the chairman withdraws the designation of small business set-aside
it shall notify the bidders of the reason why the bids were rejected.
Invitations to bid containing the same or rewritten specifications and
terms shall then be re-issued as otherwise so provided under this title,
without the designation of small business set-aside.