On June 5 and 12, 1972 defendant City of Oneida Housing Authority (OHA) published a notice soliciting bids for the construction of 100 units of elderly housing in Oneida, New York, and in response thereto, on August 4, 1972, plaintiff McKay Construction Company, Inc. (McKay) submitted a proposal for the project with a contract price of $2,467,731 and an anticipated completion date of October 1, 1973, assuming a starting date of October 1, 1972 as specified in the notice....
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