New Jersey Statutes Title 18A. Education 18A § 3B-6.5

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.