5. A local unit or joint purchasing unit or cooperative pricing system is also authorized to use electronic procurement practices for the following purposes:

(a) to purchase electric generation service, electric related service, gas supply service, or gas related service, either separately or bundled, for its own facilities so long as the purchase otherwise complies with the provisions of the “Electric Discount and Energy Competition Act,” P.L.1999, c.23 (C. 48:3-49 et al.); and

(b) the sale of surplus personal property that shall otherwise comply with the provisions of section 36 of P.L.1971, c.198 (C. 40A:11-36).

Contracts awarded for the administration of electronic procurement practices shall be subject to the requirements of the “Local Public Contracts Law,” P.L.1971, c.198 (C. 40A:11-1 et seq.) and the “Public School Contracts Law,” N.J.S. 18A:18A-1 et seq., except that they shall be considered as purposes for which competitive contracting may be used.

L.2018, c.156, s.5.