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 by including "State authority or agency," while explicitly excluding State boards, commissions, and committees. This change allows State authorities and agencies to engage in cooperative purchasing agreements that have been developed through a competitive bidding process, thereby enhancing their ability to procure goods and services cost-effectively.

Additionally, the bill maintains the existing provisions that allow the Director of the Division of Purchase and Property to enter into cooperative purchasing agreements with other states or political subdivisions, as well as to review and approve contract specifications and terms. The intent of the bill is to streamline the procurement process for government entities by broadening the definition of contracting units eligible to participate in cooperative purchasing, ultimately aiming for cost savings and efficiency in public procurement.

Statutes affected:
Introduced: 52:34-6.2