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 usually done by state employees for agreements over $100,000. The analysis must compare costs of using private contractors versus state employees, including labor, benefits, equipment, and potential unemployment costs for displaced workers. Departments must also provide a resource analysis of their staffing and finances and disclose the findings publicly for 20 days, allowing unions to comment before finalizing contracts. It prohibits contracts with companies whose leaders previously worked for the state department in relevant roles and allows pilot projects for new work types. The goal is to ensure contracting only occurs if it saves money while considering public interest in direct state service.