Requires municipalities and counties to utilize cost-saving practices under cooperative purchasing systems when procuring energy-related goods and services.

This bill requires New Jersey counties, municipalities, and certain public authorities (like tourism districts) to use cooperative purchasing systems when buying energy-related goods and services, such as electricity or equipment. It directs these "contracting units" to leverage shared purchasing agreements to achieve cost savings, rather than making individual purchases. The law amends existing procurement rules to specifically apply cooperative purchasing to energy-related contracts, excluding private firms or entities already under separate service agreements. This policy change aims to standardize cost-saving practices for local government energy spending. The bill is currently pending in the Assembly State and Local Government Committee.