Section 1622-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 village, except
  that  where  the  estimated  expense  of  a  contract  does  not  exceed
  twenty-four hundred 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 village.
    2.  For  the  purposes of article fifteen-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.