1421-F - Construction or purchase contracts.

§  1421-f. Construction or purchase contracts. The authority shall let  contracts for construction or purchase in the same  manner,  so  far  as  practicable,  as is provided by law for contracts of the village, except  that where a construction  contract  involves  an  expenditure  of  five  thousand  dollars or less or a purchase contract involves an expenditure  of three thousand dollars or less, 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.