New Jersey § 18a:3b-6

Full text of New Jersey New Jersey Statutes § 18a:3b-6, with citation guidance and answers to common questions.

§ 18a:3b-6.

a. (1) The governing board of a public institution of higher education may by resolution

establish a cooperative pricing system with the governing boards of other public institutions

of higher education. (2) A lead agency shall procure goods and services through a cooperative pricing system

using a master contract. A master contract shall be secured in accordance with all applicable State contracting

and procurement laws. (3) A participating contracting unit may use the master contract during the contract

period to procure goods or services of the same specification, quality, and price

as that contained in the master contract with the lead agency. b. No vendor shall be required to extend bid prices to participating contracting units

in a cooperative pricing system unless so specified in the bids. c. As used in this section: “ Cooperative pricing system ” means a purchasing system in which one public institution of higher education acts

as the lead agency in establishing a master contract with a vendor for the provision

of goods or services and through which other public institutions of higher education

may subsequently procure goods or services using the master contract. “ Lead agency ” means a public institution of higher education that enters into a master contract

under a cooperative pricing system pursuant to the provisions of this section. “ Participating contracting unit ” means a public institution of higher education, other than the lead agency, that

procures goods or services from a vendor using a master contract.

Frequently Asked Questions About New Jersey § 18a:3b-6

What does New Jersey Statutes § 18a:3b-6 cover?

Section 18a:3b-6 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite New Jersey § 18a:3b-6?

A common citation format is "New Jersey Statutes § 18a:3b-6" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of New Jersey law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.

How does New Jersey § 18a:3b-6 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.