State signs emergency agreement with home improvement store

New Jersey reached an immediate emergency agreement with Lowe’s for access to construction supplies and equipment, the governor announced.

The emergency agreement with Lowe’s Companies Inc. will give state agencies and authorities access to thousands of products and supplies at a 5 percent discount, State Treasurer Andrew Sidamon-Eristoff said in a statement.

“Final terms on a permanent contract were more than a month away when Sandy began to form in the Atlantic,” he 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.”

"He’s obviously working very, very hard at it. I mean he’s traveling all over the country as chairman of the [Republican Governors Association] and I think at this point he has as good a chance or better than anybody else. His name is household word all across the country, and I think he would make a great president."
—former U.S. Rep. Jim Saxton (R-3), on Gov. Chris Christie