New Jersey · 2026-2027 Regular Session · Bill

A 3542: Requires certain public contract bid advertisements to contain certified cost estimate ranges, specifies grounds for rejection of all bids, and requires 50% guaranty on bids; designated as the Fairness in Bidding Act.

In committee Last action January 13, 2026: Introduced, Referred to Assembly State and Local Government Committee

Plain-language summary

A 3542 is a bill introduced in the New Jersey House on January 13, 2026. According to its official title, it concerns: Requires certain public contract bid advertisements to contain certified cost estimate ranges, specifies grounds for rejection of all bids, and requires 50% guaranty on bids; designated as the Fairness in Bidding Act. Primary sponsor: Lou Greenwald (Democratic), Anthony Verrelli (Democratic). Most recent recorded action (January 13, 2026): Introduced, Referred to Assembly State and Local Government Committee.

Sponsors

Primary sponsors: Lou Greenwald (Democratic); Anthony Verrelli (Democratic).