Section 2620. Public bidding

1. Construction contracts let by the authority
  shall  be  in  conformity with the applicable provisions of sections one
  hundred thirty-five and one hundred forty-four of the state finance law.
    2.  The  authority  may  assign   contracts   for   supervisions   and
  coordination  to  the  successful bidder for any subdivision of work for
  which the authority receives bids. Any construction  contract  award  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  reasonably  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.