(b) The authority shall not award any construction contract except to
the lowest bidder who in its opinion is qualified to perform the work
required and is responsible and reliable. The authority may, however,
reject 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,
compared with the work to be performed, justifies such rejection.
(c) Any construction contract awarded by the authority shall contain
such other terms and conditions, and such provisions for penalties, as
the authority may deem desirable.
* NB (Disbanded March, 1980)
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 19 - New York State Sports Authority
2463 - New York State Sports Authority.
2464 - General Powers of the Authority.
2465 - Plans for Sports Facilities.
2466 - The Acquisition of Real Property.
2467 - Bond and Note Authorization.
2468 - Bonds and Notes of the Authority.
2469 - Security for Bonds or Notes; Construction and Acquisition of Sports Facilities.
2470 - Resources of Authority.
2473 - State Aid Guarantee; Withholding Thereof.
2474 - Extraordinary Conditions Provision.
2475 - Remedies of Bondholders and Noteholders.
2476 - State and Municipalities Not Liable on Bonds and Notes.
2477 - Agreement of the State.
2479 - Exemption From Taxation of Bonds and Notes.
2480 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries.
2482 - Limitation of Liability.
2483 - Assistance by State Officers, Departments, Boards and Commissions.
2485 - Court Proceedings; Preferences; Venue.