N.J. Admin. Code § 5:30-13.10

Current through Register Vol. 56, No. 23, December 2, 2024

Section 5:30-13.10 - Contracts

(a) The governing body shall provide to the chair of the board a summary of all pending resolutions for contracts for goods and services at least five business days before these resolutions are considered by the governing body. Each summary shall include the contract's purpose, vendor, projected costs, justification of the award, and a certification by the municipality's chief financial officer that the performance of the contract will be in accordance with the financial plan.

(b) The chair of the board shall have the authority to order the governing body not to consider any pending resolution regarding contracts.

(c) The board shall promptly review the terms of the contracts held by the chair in order to determine whether the contract complies with the financial plan.

1. The board shall approve the contract if it determines that the execution and the performance of the contract will be consistent with the financial plan.

2. In approving a contract, the board may establish appropriate terms and conditions to achieve the purposes of the financial plan, provided that the terms and conditions are not otherwise inconsistent with other requirements of law, including, but not limited to the "Local Public Contracts Law," P.L. 1971, c.198 (40A:11-1 et seq.).

(d) Upon receipt of a notice of approval of a contract, the municipality may proceed to enter into the contract subject to the terms and conditions as may have been established by the board.

N.J. Admin. Code § 5:30-13.10

Amended by R.2003 d.404, effective 10/20/2003.
See: 35 New Jersey Register 2427(a), 35 New Jersey Register 4862(b).
Substituted references to the municipality for references to the City throughout.