Bill > A5430

This bill establishes procedures and standards regarding public service privatization contracts. Key provisions include: 1. Requiring agencies to solicit competitive sealed bids for privatization contracts and meet specific requirements, such as ensuring the public is not subject to higher fees, the quality and quantity of services is maintained, and the contractor pays wages and benefits at least equal to comparable agency employees. 2. Requiring agencies to prepare cost estimates, allow agency employees and their representatives to review and submit alternative proposals, and publicly designate the winning bidder with a comprehensive cost analysis. 3. Giving the Office of the State Comptroller the authority to review the agency's certification and prohibit the contract if it does not provide cost savings or comply with the requirements. 4. Mandating the State Auditor to conduct annual post-audits of each privatization contract and report on actual costs, cost savings, and compliance with the law. The bill generally applies to privatization contracts entered into on or after the effective date, with some exceptions for contracts in place prior to the effective date.

Government Affairs, Labor and Employment

https://www.njleg.state.nj.us/bill-search/2022/A5430