A contract for personal property may be made in any of the following forms: (1) For the furnishing of specific personal property at specific prices; (2) For the furnishing of personal property, according to the specifications, at a fixed rate for a minimum quantity, subject to furnishing a greater quantity at the same or a lesser rate; or (3) For the furnishing of personal property, according to the specifications without a stated minimum at a rate stated, commonly known as a price agreement. The form of the contract to be used in any case shall be subject to the discretion of the division.
Neb. Rev. Stat. § 73-811
Personal property; form of contract
Laws 1943, c. 215, § 18, p. 709; R.S.1943, § 81-162; Laws 1975, LB 359, § 11; Laws 1992, LB 1241, § 20; R.S.1943, (2014), § 81-162; Laws 2024, LB461, § 11.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.