Establishes procedures and standards regarding public service privatization contracts.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill establishes procedures and standards for public service privatization contracts in New Jersey. It requires agencies to solicit competitive bids, demonstrate cost savings without increased charges or reduced services, and ensure that contractor employees meet or exceed the qualifications and compensation of current public employees. The bill also mandates post-audit reviews by the State Auditor to verify cost savings and compliance with labor standards, and requires the Office of the State Comptroller to review and approve privatization contracts.
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6 on record
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