State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-3 > 1069

§  1069.  Contracts.  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  for more than five 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 interests 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  sub-contract  or sub-contracts 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 Erie 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 five  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  five 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.

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-3 > 1069

§  1069.  Contracts.  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  for more than five 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 interests 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  sub-contract  or sub-contracts 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 Erie 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 five  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  five 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.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-3 > 1069

§  1069.  Contracts.  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  for more than five 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 interests 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  sub-contract  or sub-contracts 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 Erie 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 five  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  five 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.