HRS §356D-12
When bids are too high, the housing authority can make its own deal
This section lets the housing authority ignore bids for a housing project if the bids cost more than the available money. With the governor's approval, it can make a deal to build or fix the project itself or with someone else, as long as the total cost stays within the available funds and the project's scope stays the same if the deal is with a nonbidder.
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The statute, as written — Development of property; additional powers
Notwithstanding any other law to the contrary, whenever the bids submitted for the development or rehabilitation of any housing project authorized pursuant to this chapter exceed the amount of funds available for that project, the authority, with the approval of the governor, may disregard the bids and enter into an agreement to carry out the project, undertake the project, or participate in the project under the agreement; provided that: (1) The total cost of the agreement and the authorityꞌs participation, if any, shall not exceed the amount of funds available for the project; and (2) If the agreement is with a nonbidder, the scope of the project under agreement shall remain the same as that for which bids were originally requested.
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