§ 11. No proposition of expenditure of money for the acquisition of\nany real property, or interest therein or the purchase of machinery or\nequipment, or the work of construction of terminals, involving an\nexpenditure of one thousand dollars or upwards, shall be adopted without\nthe consent of three members of such commission. All construction work\nand the purchase of machinery which would involve an expenditure of more\nthan one thousand dollars shall be upon contract, let after\nadvertisement and competitive bidding, and on plans and specifications\non file in the office of the commission.\n
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