New Jersey legislation · 2026-2027 Regular Session
New Jersey S4162: Affordable Power Purchase Agreements Extention Act-concerns
Status: Signed into law, August 6, 2026
"Affordable Power Purchase Agreements Extension Act"; concerns extension of certain public entity contracts related to energy conservation and renewable energy production.
What the bill says
An Act concerning certain public contracts, designated as the Affordable Power Purchase Agreements Extension Act, and amending various parts of the statutory law. Jersey: 1. N.J.S.18A:18A-5 is amended to read as follows: 18A:18A-5. Exceptions to requirement for advertising. Any contract, the amount of which exceeds the bid threshold, shall be negotiated and awarded by the board of education by resolution at a public meeting without public advertising for bids and bidding therefor if [ADDED: :] a. The subject matter thereof consists of: (1) Professional services. The board of education shall.
From the chaptered text, August 6, 2026:
An Act concerning certain public contracts, designated as the Affordable Power Purchase Agreements Extension Act, and amending various parts of the statutory law. Jersey: 1. N.J.S.18A:18A-5 is amended to read as follows: 18A:18A-5. Exceptions to requirement for advertising. Any contract, the amount of which exceeds the bid threshold, shall be negotiated and awarded by the board of education by resolution at a public meeting without public advertising for bids and bidding therefor if [ADDED: :] a. The subject matter thereof consists of: (1) Professional services. The board of education shall in each instance state supporting reasons for its action in the resolution awarding each contract and shall forthwith cause to be printed once, in an official newspaper, a brief notice stating the nature, duration, service, and amount of the contract and that the resolution and contract are on file and available for public inspection in the office of the board of education; (2) Extraordinary unspecifiable services which cannot reasonably be described by written specifications. The application of this exception as to extraordinary unspecifiable services shall be construed narrowly in favor of open competitive bidding where possible and the Director of the Division of Local Government Services in the Department of Community Affairs is authorized to establish rules and regulations after consultation with the Commissioner of Education limiting its use in …