N.J. Admin. Code § 5:32-4.3

Current through Register Vol. 56, No. 23, December 2, 2024
Section 5:32-4.3 - Procedures for increasing the bid threshold

A contracting unit with a purchasing agent who possesses a qualified purchasing agent certificate pursuant to N.J.S.A. 40A:11-9 desiring to take advantage of the supplemental authority of N.J.S.A. 40A:11-3 and 40A:11-4.3 or 18A:18-3 and 18A:18A-4.3 shall have its governing body pass a resolution authorizing the amount of a higher bid threshold for the contracting unit, the amount of which shall not exceed the statutory maximum bid threshold.

N.J. Admin. Code § 5:32-4.3

Amended and recodified from 5:34-5.4 by 49 N.J.R. 3671(a), effective 12/4/2017