Section 2050-PP. Contracts

All contracts or orders, for work, material and
  supplies performed or furnished in connection with  construction,  shall
  be  awarded,  when  applicable, pursuant to paragraph (e) of subdivision
  four of section one hundred twenty-w of the general  municipal  law  and
  such  award shall be made by the authority pursuant to resolution of the
  governing body except  as  hereinafter  provided.  In  any  construction
  contract, the authority 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  section  one  hundred  twenty-w of the general
  municipal law and the term "municipality" as used  in  such  subdivision
  six  shall mean the authority. Every contract 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. The authority may adopt, utilize, ratify and confirm
  any  request  for  proposals,  invitation  for   sealed   bids,   plans,
  specifications  and  notices heretofore or hereafter published by either
  of the towns with respect to any proposed project, and the authority may
  adopt, utilize, accept and confirm any bids or  proposals  submitted  to
  either  of  the towns and heretofore and hereafter received and publicly
  opened by such town. The provisions of this section shall supersede  any
  inconsistent provisions of the general municipal law, any other general,
  special or local law, or the charter of either town.