This bill amends existing legislation to lower the threshold cost for public works projects that may include project labor agreements from $5 million to $3 million. This change is intended to expand the applicability of project labor agreements to a broader range of public works projects, thereby potentially increasing the use of such agreements in the state.
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 aims to facilitate the inclusion of project labor agreements in smaller public works projects, which may benefit disadvantaged communities and promote better labor practices in the construction industry. The act is set to take effect immediately upon passage.
Statutes affected: Introduced: 52:38-2