New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 32 - LICENSURE OF CERTAIN LOCAL GOVERNMENT OFFICERS
Subchapter 4 - QUALIFIED PURCHASING AGENTS
Section 5:32-4.3 - Procedures for increasing the bid threshold
Universal Citation: NJ Admin Code 5:32-4.3
Current through Register Vol. 56, No. 18, September 16, 2024
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.
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