New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S3396

Introduced

6/6/24

Refer

6/6/24

Caption

Broadens types of contracts that educational research and service corporations may enter into on behalf of members; exempts those contracts from certain public bidding requirements.

Impact

If passed, S3396 will significantly impact how educational research and service corporations operate in relation to procurement. By removing competitive bidding obligations, the bill may facilitate quicker and potentially more effective service agreements between institutions, allowing them to efficiently procure essential goods and services. This could enhance collaboration among various educational institutions in New Jersey, especially in the realm of technology and support services critical for educational advancement.

Summary

S3396 is a legislative proposal in New Jersey aimed at broadening the types of contracts that educational research and service corporations can enter into on behalf of their member institutions. This bill specifically exempts these contracts from certain public bidding requirements, streamlining the procurement process for educational organizations. Under current law, public higher education institutions can collaborate to form educational research and services corporations for charitable and educational purposes. S3396 expands the scope of permissible contracts, including agreements for services and goods related to educational technology systems.

Contention

The bill may face scrutiny regarding the removal of public bidding requirements, which are typically in place to ensure transparency, fairness, and accountability in the use of taxpayer funds. Critics might argue that such exemptions could lead to reduced oversight and potentially foster environments where contracts are awarded without competitive evaluation, risking quality and cost-effectiveness. As higher education continues to evolve, balancing efficiency and accountability will be a central focus of discussions surrounding S3396.

Companion Bills

NJ A4372

Same As Broadens types of contracts that educational research and service corporations may enter into on behalf of members; exempts those contracts from certain public bidding requirements.

Previously Filed As

NJ A4372

Broadens types of contracts that educational research and service corporations may enter into on behalf of members; exempts those contracts from certain public bidding requirements.

NJ S3744

Expands competitive contracting for local contracting units and boards of education; permits county colleges to utilize competitive contracting.

NJ A4940

Expands competitive contracting for local contracting units and boards of education; permits county colleges to utilize competitive contracting.

NJ S2122

Aligns contracting standards of Stockton University for its Atlantic City campus with those governing State public research universities.

NJ S2603

Provides awarding of contracts for professional services by State, county, municipal, and school district through competitive contracting process.

NJ S1315

Provides awarding of contracts for professional services by State, county, municipal, and school district through competitive contracting process.

NJ A2430

Provides awarding of contracts for professional services by State, county, municipal, and school district through competitive contracting process.

NJ A869

Provides awarding of contracts for professional services by State, county, municipal, and school district through competitive contracting process.

NJ S1632

Adjusts bid threshold amounts for certain public research universities; permits certain contracts for school districts, municipalities, and counties to be awarded by qualified purchasing agent.

NJ S2069

Requires certain public contracts for insurance coverage and consulting services to be awarded through competitive contracting process.

Similar Bills

NJ A4372

Broadens types of contracts that educational research and service corporations may enter into on behalf of members; exempts those contracts from certain public bidding requirements.

TX HB29

Relating to the funding of certain activities related to the commercialization of emerging technologies.

TX SB632

Relating to the creation of the governor's university research initiative and to the abolishment of the Texas emerging technology fund.

US HB4903

Plastic Health Research Act

TX HB26

Relating to state economic development measures, including administration of the Texas Enterprise Fund, creation of the Economic Incentive Oversight Board and the governor's university research initiative, abolishment of the Texas emerging technology fund, and renaming the Major Events trust fund to the Major Events Reimbursement Program.

CA AB2046

University of California, Merced, and University of California, Riverside.

NJ A1835

Establishes innovation zone program to stimulate technology industry clusters around New Jersey's research institutions; allows certain technology businesses located in certain innovation zones to receive certain tax credits under Grow New Jersey Assistance Program.