This bill amends the definition of "contracting unit" within the context of government cooperative purchasing agreements in New Jersey. The revised definition expands the types of entities that can participate in these agreements to include State authorities and agencies, while still excluding State boards, commissions, and committees. This change allows for greater participation in cooperative purchasing agreements, which are designed to enable jurisdictions to standardize and combine their purchasing requirements for goods and services, ultimately aiming for cost savings.

Specifically, the bill modifies the legal language to replace the term "authority or agency" with "State authority or agency," thereby clarifying that only State authorities and agencies are eligible to engage in cooperative purchasing agreements. The bill maintains the existing provisions that require the Director of the Division of Purchase and Property to review and approve contract specifications and terms before entering into agreements. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 52:34-6.2