New Jersey Statutes 52:25-16.6. Independent college purchases under State contracts
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 52:25-16.6
- Contract: A legal written agreement that becomes binding when signed.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
2. a. An independent institution of higher education may, at the director’s discretion, purchase materials, supplies, equipment or services under any contract awarded on behalf of the State by the Director of the Division of Purchase and Property, subject to such rules as the director may establish.
b. The director may establish limitations with respect to materials, supplies, equipment and services available for purchase and impose other appropriate conditions upon purchasing as deemed necessary to protect the State’s own purchasing interests.
c. The independent institution of higher education shall file such reports as the Director of the Division of Purchase and Property may require setting forth the expenditures on such contracts.
L.1985,c.263,s.2; amended 1999, c.440, s.92.