This bill enhances the competitive contracting process for local contracting units and boards of education in New Jersey, allowing them to procure specialized goods and services without public bidding when costs exceed the bid threshold. It introduces new purposes for competitive contracting, including the provision of services related to Class I and Class II renewable energy, with contracts based on a percentage of energy cost savings. Additionally, the bill extends these provisions to county colleges, broadening the range of entities that can utilize this procurement method.

Key amendments include the addition of various services eligible for competitive contracting, such as maintenance, custodial, groundskeeping, consulting, and grant writing services. The bill also clarifies definitions related to contracting agents and establishes guidelines for renewable energy contracts to ensure compliance with methodologies set by the Board of Public Utilities. Furthermore, it outlines the process for initiating competitive contracting, including the requirement for a resolution from the board of trustees and the evaluation of proposals, while ensuring compliance with existing laws regarding corporate ownership and equal employment opportunity.

Statutes affected:
Introduced: 40A:11-4.1, 18A:18A-4.1, 18A:64A-25.2, 18A:64A-25.9, 18A:64A-25.28