New Jersey Statutes 30:9-23.11. Additional authority-Advertising, bids, security
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Terms Used In New Jersey Statutes 30:9-23.11
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The authority conferred by this act in the case of any municipality shall be in addition to the authority of the municipality to contract for the rendering of services pursuant to section 40:48-5 of the Revised Statutes, but in the case of any county or municipal contract, agreement or lease under this act, neither advertising, public bidding nor security shall be required.
L.1955, c. 22, p. 75, s. 6.