§ 1181 — Construction contracts

§ 1181. Construction contracts. If the project, or any portion\nthereof, or any addition, betterment or extension to the facilities,\nshall be constructed pursuant to a contract for which the estimated cost\nexceeds seven thousand dollars, such contract shall be awarded to the\nlowest responsible bidder after advertisement for bids. The board may\nmake rules and regulations for the submission of bids and the\nconstruction of the project or such portion thereof or such addition,\nbetterment, or extension. No contract shall be entered into for\nconstruction of the project or any portion thereof or any addition,\nbetterment or extension to the facilities, or for the purchase of\nmaterials, unless the contractor shall give an undertaking with a\nsufficient surety or sureties approved by the authority and in an amount\nfixed by the authority, for the faithful performance of the contract. As\nto contracts entered into for construction, such undertaking shall\nprovide, among other things, that the person or corporation entering\ninto such contract with the authority, will pay for all materials\nfurnished and services rendered for the performance of the contract and\nthat any person or corporation furnishing such materials or rendering\nsuch services may maintain an action to recover for the same against the\nobligor in the undertaking as though such person or corporation was\nnamed therein, provided the action is brought within one year after the\ntime the cause of action accrued. Nothing in this section shall be\nconstrued to limit the power of the authority to construct the project\nor any portion thereof or any addition, betterment or extension to the\nfacilities directly by the officers, agents, and employees of the\nauthority or otherwise than by contract. The authority may proceed\njointly with the state of New York in the construction of any highway\nwhich also includes sewage and storm water facilities and by agreement\nwith the state of New York fix and determine the amount which shall\nconstitute the contribution by the authority toward the cost of the\nconstruction by the state of New York of such facilities in connection\nwith the construction or improvement of any highway. The portion of the\ncost to be paid by the authority shall be deposited with the state\ncomptroller, who is authorized to receive and accept the same. Upon\ncompletion of any project authorized by this section the commissioner of\ntransportation shall render to the authority an itemized statement\nshowing in full (a) the amount of money deposited as hereinbefore\nprovided, and (b) all disbursements made pursuant to this section. Any\nsurplus money shall be paid to such authority on the warrant of the\ncomptroller on vouchers therefore approved by the commissioner of\ntransportation.\n