18A:64O-11 Participating contracting unit in competitive pricing system.
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/nj/title-18a/chapter-64o/18a-64o-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
11. a. The university is authorized to be a participating contracting unit in a cooperative pricing system or a joint purchasing agreement established pursuant to the laws of this State.
b. The university may make purchases and contract for services through the use of a nationally recognized and accepted cooperative purchasing agreement, including a cooperative purchasing agreement in existence as of the effective date of P.L.2016, c.50 (C.18A:64-63.1 et al.), in accordance with the provisions of paragraph
(3)of subsection b. of section 7 of P.L.1996, c.16 (C.52:34-6.2).
c. The State Treasurer may promulgate rules and regulations pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), which are necessary to effectuate the purposes of this section.
L.2021, c.282, s.11; amended 2025, c.218, s.19.