This bill amends existing legislation to lower the threshold for public works projects that can include project labor agreements from $5 million to $3 million. This change aims to expand the applicability of project labor agreements to a broader range of public works projects, potentially increasing the number of projects that can benefit from such agreements.
The bill specifically modifies Section 2 of P.L.2002, c.44, by deleting the previous threshold of $5 million and inserting the new threshold of $3 million. This adjustment is intended to facilitate the inclusion of project labor agreements in smaller public works projects, thereby promoting better labor relations and project efficiency. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 52:38-2