This bill amends the definition of "contracting unit" within the context of government cooperative purchasing agreements in New Jersey. The revised definition now includes "State authority or agency," allowing these entities to participate in cooperative purchasing agreements that utilize a competitive bidding process. However, the bill maintains the exclusion of State boards, commissions, and committees from this definition, ensuring they remain ineligible to engage in such agreements.

The changes aim to enhance the ability of various government entities, particularly State authorities and agencies, to procure goods and services more efficiently through cooperative purchasing. By broadening the definition of contracting units, the bill seeks to facilitate cost-effective procurement methods while still adhering to the competitive bidding process. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 52:34-6.2