New Jersey Statutes

§ 52:34A-8 — Practices included in regulations.

New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

8. a. Notwithstanding any other law to the contrary, the regulations promulgated by the State Treasurer pursuant to section 5 of P.L.2020, c.59 (C.52:34A-5) shall include, but not be limited to, practices that, notwithstanding any other law to the contrary:

(1)convert the current statutory, regulatory, and policy procedures related to sealed bidding to an electronic procurement environment;
(2)authorize public contracting units to accept commercial standards for electronic forms of bid security; and (3) establish minimum standards that shall be met by systems and services that provide and administer electronic procurement processes. b. The State Treasurer shall also consult with: the Attorney General to develop safeguards to protect against collusion and bid rigging; the Division of Purc

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