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§ 1570-f. Construction contracts. 1. The authority shall let contracts for construction in the same manner, so far as practicable, as is provided by law for contracts of the village, except that where the estimated expense of a contract does not exceed five thousand dollars, 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.

2. 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.