3. The board may examine and make recommendations regarding the following:
- (a) the minimum threshold percentage of public funds set forth in subdivision one of section two hundred twenty-four-a of this article, but no lower than that which is set forth in such subdivision;
- (b) the minimum dollar threshold of projects set forth in subdivision one of section two hundred twenty-four-a of this article, but no lower than that which is set forth in such subdivision;
- (c) construction work excluded as a covered project, as set forth in subparagraphs (i), (ii) and (iii) of paragraph c of subdivision four of section two hundred twenty-four-a of this article;
- (d) the definition of construction for purposes of section two hundred twenty-four-a of this article; or
- (e) particular instances of benefits, monies or credits as to whether or not they should constitute public funds.