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. Under current law, only individual contractors can bid on such contracts, and they must be registered to do so. The new provision specifically states that partnerships and joint ventures are permitted to participate in bidding as long as they meet the registration requirement.

The legal language added to the law clarifies that the ability to bid extends to partnerships and joint ventures, thereby expanding opportunities for collaborative entities in the public works sector. This change aims to facilitate greater participation in public contracting by allowing multiple registered parties to work together, enhancing competition and potentially leading to more efficient project execution. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 34:11-56.51