Requires cost analysis in certain cases when State department contracts out work.

This bill requires New Jersey state departments to conduct a detailed cost analysis before contracting out work typically performed by state employees. The analysis must compare the cost of using private contractors to using existing state employees, considering labor costs, benefits, equipment, and potential unemployment impacts. Departments must also assess the public interest in retaining the work within the state and consider the ability to re-assume the work if contracting isn't cost-effective. The analysis must be shared with the Office of Management and Budget and relevant legislative committees, with a 20-day response period for affected bargaining units.