The President of the Territorial Council, by delegation of the Territorial Council, may be entrusted, for the duration of his or her term of office, with taking any decision concerning the preparation, award, performance and settlement of works, supply and service contracts which may be awarded without prior formalities by virtue of their value, when the appropriations are entered in the budget.
The President of the Territorial Council shall report to the nearest useful meeting of the Territorial Council on the exercise of this competence and shall inform the Executive Council thereof.