In the Matter of Conduit and Foundation Corporation, Respondent-Appellant v. Metropolitan Transportation Authority…

Summary

The New York Court of Appeals reversed the Appellate Division and dismissed the petition, holding that the Metropolitan Transportation Authority and the New York City Transit Authority were lawfully empowered to reject all first‑round bids and that an mere appearance of impropriety, without proof of actual favoritism, fraud, or other statutory violation, does not render such a rejection arbitrary or capricious.