* § 1621-g. Construction and purchase contracts. 1. The authority shall let contracts for construction in the same manner, so far as practicable, as is provided by law for contracts for the city, except that where the estimated expense of a contract does not exceed five thousand dollars such contract may be entered into without public letting. Nothing in this section shall be construed to limit the power of the authority to do any construction directly by the officers, agents and employees of the authority. Contracts for the purchase of supplies, materials and equipment shall be let in the same manner as is provided by law for contracts of the city.

Terms Used In N.Y. Public Authorities Law 1621-G

  • Contract: A legal written agreement that becomes binding when signed.

2. For the purposes of Article 15-A of the executive law only, the authority shall be deemed a state agency, as the term is used in such article, and its contracts for design, construction, services and materials shall be deemed state contracts within the meaning of that term as set forth in such article.

* NB Repealed per § 1621-r (see chapter 597 of 2023 § 2 for specifics)

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