Section 2675-H. Contracts

1. Construction contracts let by the authority
  shall be in conformity with the applicable  provisions  of  section  one
  hundred thirty-five of the state finance law.
    2.  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.  Any
  construction contract awarded by the authority shall contain such  other
  terms  and conditions as the authority may deem desirable. 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  judgement,  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.
    3.  All  contracts  or  leases  for  the construction, reconstruction,
  rehabilitation or improvement of buildings let by  the  authority  shall
  comply  with  the  provisions of section two hundred twenty of the labor
  law.
    4. For the purposes of article fifteen-A of the  executive  law  only,
  the  authority  shall  be  deemed a state agency as that term is used in
  such article, and all contracts for procurement,  design,  construction,
  services  and  materials  shall  be  deemed  state contracts, within the
  meaning of that term as set forth in such article.