New Jersey Statutes 40A:11-4.2. Term of contract; exceptions
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Terms Used In New Jersey Statutes 40A:11-4.2
- Contract: A legal written agreement that becomes binding when signed.
2. Unless an exception is provided for under section 15 of P.L.1971, c.198 (C. 40A:11-15) permitting a longer contract duration, contracts awarded pursuant to section 5 of P.L.1999, c.440 (C. 40A:11-4.5) may be for a term not to exceed five years.
L.1999,c.440,s.2.