... the award. Several acknowledged their responsibility as Board members under N.J.S.A. 27:25-4.1(b)(1) to apply their independent judgment in the best ... its independent judgment, taking into consideration the factors articulated in N.J.S.A. 27:25-4.1, and decided that rejecting Academy's bids was in the ... the board.' N.J.S.A. 27:25-4(e). N.J.S.A. 27:25-4.1(b)(1) provides: The members of the board shall perform ... apply independent judgment in the best interest of' NJ Transit. N.J.S.A. 27:25-4.1(b)(1). The Board's consideration of 'price and other ...