New York Laws
Title 4 - Contracts of Public Authorities
2875 - Ground for Cancellation of Contract by Public Authority.

(a) such person, and any firm, partnership or corporation of which he
is a member, partner, director or officer shall be disqualified from
thereafter selling to or submitting bids to or receiving awards from or
entering into any contracts with any public authority or official
thereof, for goods, work or services, for a period of five years after
such refusal, and to provide also that
(b) any and all contracts made with any public authority or official
thereof, since the effective date of this law, by such person and by any
firm, partnership or corporation of which he is a member, partner,
director or officer may be cancelled or terminated by the public
authority without incurring any penalty or damages on account of such
cancellation or termination, but any monies owing by the public
authority for goods delivered or work done prior to the cancellation or
termination shall be paid.