Trenton, NJ - The Christie Administration reached an immediate emergency agreement with Lowe's Companies Inc. that will give State and local governments access to discounted prices on construction supplies and equipment in the aftermath of Hurricane Sandy.
The contract provides local and State officials with a 5 percent discount on more than 40,000 products, Treasurer Andrew Sidamon-Eristoff said. State agencies, authorities, boards and commissions now have access to discounted products at any Lowe's Home Improvement Store. Local officials will be able to use these discounts within a few days.
"Final terms on a permanent contract were more than a month away when Sandy began to form in the Atlantic," Treasurer Andrew Sidamon-Eristoff said. "Treasury took immediate action to accelerate talks with Lowe's, and negotiated provisions that will ensure that State and local government officials will pay discounted prices as they rebuild and restore communities devastated by the storm."
Jignasa Desai-McCleary, Director of Treasury's Division of Purchase and Property, said the temporary provisions will be in place until November 30. Local officials who wish to use the discounts should read the terms and follow the instructions for registration and access at http://www.state.nj.us/treasury/purchase/
Officials lacking web access because of the storm can call (609) 292-4886.
"Once registered, government officials can buy covered products for discounted prices at any Lowe's store," Desai-McCleary said. "Lowe's lists 39 stores in New Jersey and has 1,700 nationwide." Special-order products do not qualify for a discount, Desai-McCleary said.
Personal use of the discounts would be a violation of the contract, she said. The contract supplements one offered through the Western States Contracting Alliance, which negotiates purchasing agreements using the volume of its 15 member states and offers non-member states the opportunity to participate in its contracts, but contains terms and conditions that are more suited to New Jersey.