Establishes certain requirements for State and local governments awarding contracts or grants to nonprofit organizations.
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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 requires New Jersey State and local governments to implement specific rules for awarding contracts and grants to nonprofit organizations. It establishes a low indirect cost rate for these organizations, creates a database for relevant documentation, and mandates the use of federal cost principles. The bill also addresses issues like contract payment timelines, automatic contract extensions, and standardized reporting procedures to ensure fairness and transparency in these government dealings.
Bill text
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Sponsors
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2 on record
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