This bill amends the definition of "contracting unit" within the context of cooperative purchasing agreements for government entities in New Jersey. The current law allows certain government contracting units to utilize nationally-recognized cooperative purchasing agreements developed through competitive bidding processes. The bill specifically revises the definition to include "State authority or agency," thereby allowing these entities to participate in cooperative purchasing agreements. However, it maintains the exclusion of State boards, commissions, and committees from eligibility.

The changes made by this bill aim to enhance the ability of State authorities and agencies to engage in cooperative purchasing, potentially leading to cost savings and increased efficiency in procurement processes. The revised definition broadens the scope of entities that can benefit from cooperative purchasing agreements while ensuring that the original restrictions on State boards, commissions, and committees remain intact. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 52:34-6.2