requiring the state to seek bids for contracts to oversee and operate the state's education freedom account program every three years.

SB 533 requires New Hampshire's education freedom account program administrator to seek multiple bids from scholarship organizations every three years for overseeing and operating the program. This change affects how the state selects contractors managing the program, ensuring periodic competition for these contracts. The bill mandates a competitive bidding process every three years, subject to governor and executive council approval, to promote transparency in awarding contracts. It does not alter the program's eligibility or funding structure, only the contracting mechanism for its administration.