New Jersey Statutes 52:27C-36. Total cost of allotments limited
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Terms Used In New Jersey Statutes 52:27C-36
- Contract: A legal written agreement that becomes binding when signed.
Allotments may be made for detailed plans and specifications prepared either by force account or by contract with architects or engineers approved by the commissioner, but the total sum allotted for any project shall not exceed one-half the actual cost of the plans and specifications, or two per centum (2%) of the estimated construction cost approved by the commissioner, whichever is lower.
L.1944, c. 85, art. 4, p. 179, s. 36.