§ 2799-sss. Contracts. All contracts for construction shall be let by
the authority in conformity with the applicable provisions of section
one hundred thirty-five of the state finance law and shall be let in
accordance with the provisions of state law pertaining to prevailing
wages, labor standards and working hours. The authority may, in its
discretion, assign contracts for supervision and coordination to the
successful bidder for any subdivision of work for which the authority
receives bids. The authority shall not award any construction contract
except to the lowest bidder who, in its opinion, is qualified to perform
the work required and who is responsible and reliable. The authority
may, however, reject any or all bids or waive any informality in a bid
if it believes that the public interest will be promoted thereby. The
authority may reject any bid if, in its judgment, the business and
technical organization, plant, resources, financial standing, or
experience of the bidder justifies such rejection in view of the work to
be performed.