New Jersey Acts Saved from Repeal ACTS SAVED 40 § 141-1(7)

7. That the work and materials which the said water commissioners are hereinbefore authorized to procure, shall be obtained by contract, whenever the expenditure for any particular work and material shall exceed two hundred dollars, and that notice shall be given by said water commissioners by public advertisement, so that ample time may be given for the reception of proposals therefor; in any advertisement, the proposals invited shall be set forth with as much precision as possible, and it shall be distinctly stated in such advertisement that no extra allowance above the contract price agreed upon will be made under any pretext whatsoever; each contract shall, in all cases, be awarded to the lowest bidder therefor, who shall give bond, with ample security, for the faithful performance of the contract; all such bonds shall be executed to the town in its corporate name, and deposited for safekeeping with the clerk of said town, and no extra allowances shall be made by said water commissioners to any contractor or contractors; all contracts involving a greater amount than two hundred dollars, and all contractors' bonds, shall be presented to and approved of by the governing power of said town before said contract shall take effect.