N.Y. Public Authorities Law Section 2050-P
Contracts

All contracts or orders, for work, material or supplies performed or furnished in connection with construction, shall be awarded by the agency pursuant to resolution of the governing body except as hereinafter provided. Such awards, when applicable, shall be made in compliance with the general municipal law. Prior to entering into any contract, the agency shall seek the opinion of the attorney general with respect to conformance of such contract with the anti-trust laws, and of the comptroller with respect to conformance to the general municipal law. The agency may execute any contract within thirty days after such opinions are sought, whether nor not they have been received. In any construction contract, the agency may provide a program for the payment of damages for delays and incentive awards in order to encourage timely project completion. An action, suit or proceeding contesting the validity of a contract awarded pursuant to this section, or the validity of the procedures relating to such award, shall be governed by the provisions of subdivision six of General Municipal Law § 120-W (Contracts and agreements for solid waste management, collection and disposal)section one hundred twenty-w of the general municipal law and the term “municipality” as used in such subdivision six shall mean the agency.

Source: Section 2050-P — Contracts, https://www.­nysenate.­gov/legislation/laws/PBA/2050-P (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 2050-P’s source at nysenate​.gov

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