This bill amends existing law to allow partnerships and joint ventures to bid on public works and prevailing wage contracts, provided that each party involved in the partnership or joint venture is independently registered. Currently, only individual contractors can bid on such contracts, and they must be registered to do so. The new provision aims to expand opportunities for collaborative entities in the construction and public works sectors.

The specific legal language added to the law states that a partnership or joint venture is permitted to bid on contracts for public work or those requiring prevailing wage payments, as long as all parties are registered in compliance with the relevant regulations. This change is intended to facilitate greater participation in public contracting by allowing groups of contractors to work together while ensuring that all parties meet the necessary registration requirements. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 34:11-56.51