When the cost or price of any contract does not exceed in the fiscal
year the maximum bid threshold as mandated by the Director, Division
of Local Government Services, the City's qualified purchasing agent
is authorized to award a contract without competitive bidding in accordance
with the relevant portions of the Local Public Contracts Law, N.J.S.A.
40A:11-3. The Business Administrator shall approve any contracts exempt
from competitive bidding under this section.