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 specifically states that a partnership or joint venture is permitted to participate in bidding as long as all parties meet the registration requirements outlined in the law.

The legal language added to the current law clarifies that the registration requirement applies equally to partnerships and joint ventures, thereby expanding the opportunities for these entities to engage in public work contracts. This change aims to enhance competition and participation in public contracting by allowing more entities to qualify for bidding, as long as they comply with the registration stipulations. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 34:11-56.51