Requires boards of education, municipalities, counties, and certain other local contracting units to determine and utilize cost-saving practices when procuring goods and services.

This bill requires New Jersey school boards, municipalities, counties, and similar local government units to actively identify and implement cost-saving methods when purchasing goods and services. It mandates that these entities evaluate their procurement processes to find savings, without changing existing rules about when bids are required. The law specifically excludes real estate purchases, specialized "extraordinary services," and professional services (like legal or medical work) from this requirement. The bill is currently in its early stages, having been introduced and referred to committee in January 2026.