All state agencies must use term contract vendors for those commodities or services that are under contract. In addition, other entities, including county and municipal governments as well as school districts, may buy from the state's term contracts under rules and regulations governing cooperative purchasing. Under New Jersey statutes, state contracts automatically extend to county and state colleges, independent institutions of higher education, and independent commissions and authorities. Entities purchasing under a state contract need not obtain additional bids and may contact vendors directly. Buyers are responsible for issuing purchase orders, processing payments and maintaining all accounting records.
Vendors can only sell commodities or services that are specifically awarded in their contracts.
No information on the value of this procurement is available. PSD contracts also are used by many constitutional officers and state universities for select procurements. The Microcomputer Term Contract offers a broad range of hardware, software, peripherals and services to state agencies and local governments. Master purchasing agreements are signed with each participating vendor. Pricing is not established during the procurement process.