1166 - Contracts.

§  1166. 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 ten 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 interest  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  subcontract or subcontracts 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 Onondaga 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 ten 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  ten  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  insuch  article,  and  its  contracts,  or  orders  for  work, material or  supplies performed or furnished in connection with construction shall be  deemed state contracts within the meaning of that term as set  forth  in  such article.