52:34-13 - Terms and conditions; rules and regulations - New Jersey Statutes

52:34-13.  Terms and conditions;  rules and regulations
    The State Treasurer shall determine the terms and conditions of the various  types of agreements or contracts, including provisions for adequate security,  the time and amount or percentage of each payment thereon and the amount to be  withheld pending completion of the contract, and he shall issue and publish  rules and regulations concerning such terms and conditions, standard contract  forms and such other rules and regulations concerning purchasing or  procurement, not inconsistent with any applicable law, as he may deem advisable  to promote competition and to implement this act.

     L.1954, c. 48, s. 8.