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The State of New Jersey has approved the use of nationally recognized, governmental sponsored cooperative agreements. Below is a list of approved cooperative agreements that University departments can use to procure goods.

Please note that pursuant to N.J.S.A. 52:34-6.2(b)(3), prior to using a cooperative purchasing agreement, you must determine that such use results in cost savings after all factors, including charges for service, material, and delivery have been considered.

Furthermore, N.J.A.C. 17:12-1A.3 states that a cooperative purchasing agreement can be entered into when deemed to be “the most cost-effective contractual solution.”

In determining cost effectiveness, the following factors should be considered:

1.       Lower than current State contract pricing that will afford material  cost savings;

2.       Lower than pricing for comparable goods or services of other  State or public entity contracts;

3.       Expanded product or service availability;

4.       The ability to avoid the cost and time of a State procurement;

5.       A record of satisfactory vendor performance;

6.       Lower minimum purchase requirements;

7.       A comparatively better quality of goods or services; and

8.       Administrative cost factors required to participate in the cooperative agreement.