2013 New Jersey Revised Statutes
Title 32 - INTERSTATE AND PORT AUTHORITIES AND COMMISSIONS
Section 32:11-7 - Restrictions on payments for work


NJ Rev Stat § 32:11-7 (2013) What's This?

32:11-7. Restrictions on payments for work
All contracts let by the joint commission shall provide for payments as the work advances, but the total payments to a contractor at any time before the final completion and acceptance of the work contracted for shall not exceed ninety per cent of the cost of the work done under any contract.


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