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Procurement News

01/05/2012   LFN 2011-38 "Limits on Bid Accepts Dates"
11/28/2011   Guidance on Use of National Cooperative Purchasing Contracts

LFN 2011-38 "Limits on Bid Accepts Dates" - 01/05/2012

Local Finance Notice 2011-38 provides local procurement officials a list of all 2012 Federal and State holidays for ensuring local compliance when bids cannot be accepted.  The law places limits on when contracting units can accept bids for local unit and public school contracts.   

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Guidance on Use of National Cooperative Purchasing Contracts - 11/28/2011

Local Finance Notice 2011-35 addresses concerns and issues raised by the recent enactment of P.L. 2011, c.139 regarding the use of national purchasing cooperatives by contracting units and boards of education under the Local Public Contracts Law and the Public School Contracts Law, as well as other New Jersey government agencies.  The Notice provides immediate guidance pending further review of the law and subsequent guidance.  Please share this with individual responsible for purchasing in your organization.

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Updated: 02/03/2012