52:34-13 - Terms and conditions;Ā rules and regulations
52:34-13.Ā Terms and conditions;Ā rules and regulations
The State Treasurer shall determine the terms and conditions of the variousĀ types of agreements or contracts, including provisions for adequate security,Ā the time and amount or percentage of each payment thereon and the amount to beĀ withheld pending completion of the contract, and he shall issue and publishĀ rules and regulations concerning such terms and conditions, standard contractĀ forms and such other rules and regulations concerning purchasing orĀ procurement, not inconsistent with any applicable law, as he may deem advisableĀ to promote competition and to implement this act.
L.1954, c. 48, s. 8.
Ā
The State Treasurer shall determine the terms and conditions of the variousĀ types of agreements or contracts, including provisions for adequate security,Ā the time and amount or percentage of each payment thereon and the amount to beĀ withheld pending completion of the contract, and he shall issue and publishĀ rules and regulations concerning such terms and conditions, standard contractĀ forms and such other rules and regulations concerning purchasing orĀ procurement, not inconsistent with any applicable law, as he may deem advisableĀ to promote competition and to implement this act.
L.1954, c. 48, s. 8.
Ā