Allows certain third parties to bring suit against public works project bidders that violate certain laws.

This New Jersey bill allows unsuccessful bidders on public works projects to sue contractors who win contracts while breaking prevailing wage laws or failing to pay required taxes and benefits. The law specifically targets losing bidders whose offers were close to the winning bid, giving them the right to seek financial damages and attorney fees in court. To prevent multiple lawsuits over the same contract, the bill requires losing bidders to notify each other of their intent to sue, ensuring only one case proceeds per project. If a court finds the winning contractor violated the rules, it must pay the losing bidder for their lost costs and potential profits, with higher penalties for intentional violations.