Permits partnerships and joint ventures to bid on certain public works and prevailing wage contracts if each party to partnership or joint venture is independently registered.

This bill allows partnerships and joint ventures to bid on New Jersey public works projects (like roads, bridges, and water treatment facilities) and contracts requiring prevailing wages, provided every member of the partnership is independently registered. It requires such groups to register with the Department of Labor and Workforce Development before winning a contract and name a primary manager to oversee compliance. All parties in the partnership or joint venture become equally responsible for fulfilling the contract or facing penalties, including contract cancellation. The change specifically applies to heavy infrastructure projects, such as transit systems and environmental remediation, expanding bidding opportunities for collaborative business structures.