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. Currently, only individual contractors are permitted to bid on such contracts, which has restricted the ability of collaborative entities to participate in public work projects.

The new legal language inserted into the law specifies that a partnership or joint venture can bid on contracts for public work or those requiring prevailing wage payments, as long as all parties are compliant with registration requirements. This change aims to enhance competition and participation in public contracting by enabling collaborative efforts among registered entities. The bill is set to take effect immediately upon passage.

Statutes affected:
Introduced: 34:11-56.51