New Jersey Statutes 5:10-21.5. Award without public advertisement; resolution; specification of subject matter or circumstances
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Terms Used In New Jersey Statutes 5:10-21.5
- Contract: A legal written agreement that becomes binding when signed.
In any case where the authority shall make, negotiate, or award a purchase, contract, or agreement without public advertisement pursuant to section 2 of this act, the authority shall, by resolution passed by the affirmative vote of a majority of its members, specify the subject matter or circumstances set forth in sections 3 and 4 of this act which permit the authority to take such action.
L.1981, c. 447, s. 5, eff. Jan. 9, 1982.