New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 34 - LOCAL PUBLIC AND PUBLIC SCHOOL CONTRACTS LAWS
Subchapter 3 - CERTAIN LEASES OF EQUIPMENT AND SERVICE AGREEMENTS BEYOND THE FISCAL YEAR
Section 5:34-3.2 - Application of bidding requirements

Universal Citation: NJ Admin Code 5:34-3.2

Current through Register Vol. 56, No. 18, September 16, 2024

(a) All multi-year contracts, including all multi-year leases and multi-year leases with option to purchase, which are authorized under 40A:11-15(7), 40A:11-15(15) or 18A:18A-42(f), and other multi-year contracts subject to 40A:11-15 and 18A:18A-42 for the procurement of goods or services shall be subject to competitive bidding if the cumulative amount to be expended during the duration of the multi-year lease or contract exceeds the threshold for competitive bidding for the contracting unit.

(b) Change orders to reflect price increases shall not be required for purchases that are part of a contract where the bid specifications included provisions for price changes based on an objective benchmark not under the direct control of the supplier.

(c) Leases of textbooks and services incidental thereto may be made, negotiated or awarded by a board of education without public advertising for bids.

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