¶ Defendant Facilities Development Corporation, a public benefit corporate governmental agency created and organized pursuant to the Health and Mental Hygiene Facilities Improvement Act ([Act]; L 1968, ch 359, § 1, as amd), entered into a construction contract with Burmar Electrical Corporation pursuant to which the latter was to perform electrical work at the New York Psychiatric Institute. Accordingly, Burmar furnished defendant with a performance bond underwritten...
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