What are state contracts?
The State of New Jersey Purchase Bureau competitively bids and awards contracts for a variety of goods and services throughout the year. As an instrumentality of the state, the University has the option to utilize these contracts when advantageous. As a standard procedure, buyers check state contract prices on all requisitions that apply. Frequently, when large quantities are being purchased with a single transaction, the competitive bid process can obtain a price better than the state contract. The buyer is responsible to make the final determination on using a state contract or using the bid process.
Related Questions
- Are workers who provide services under contracts with governmental entities (state agencies, institutions of higher education, local governments, federal agencies) included?
- Do probationary teachers contracts have to state on May 15 the exact amount of compensation for the coming year?
- Does Penn State use the Commonwealth of Pennsylvania state contracts?
