This bill mandates that prime contractors who are awarded State contracts must notify any subcontractors listed in their bid within 30 days of receiving notice of the contract award. The notification must be sent via certified mail and include essential details such as the name of the State agency that awarded the contract, a description of the work to be performed by the prime contractor, and the specific tasks expected of the subcontractor along with the timeframe for completion.
Failure to provide this notification within the stipulated timeframe will subject the prime contractor to penalties as outlined in the contract for non-compliance. The bill aims to ensure clear communication between prime contractors and subcontractors, thereby enhancing accountability and transparency in the execution of State contracts.