Requires State agencies to solicit bids from public and private institutions of higher education for completion of mandated studies.

This bill mandates that New Jersey State agencies must ask public and private colleges and universities to submit bids for completing studies required by state law. Under the new rules, agencies must follow standard purchasing procedures to select the lowest responsible bid from these educational institutions unless the cost is deemed unreasonable or no suitable bids are received. If no appropriate bids are submitted, the agency must cancel the request, inform the universities of the reasons, and then reopen the bidding process to any qualified entity. The law applies to all principal departments and independent authorities within the Executive Branch for studies mandated by laws passed after the bill takes effect.