6. a. The regulations promulgated by the State Treasurer pursuant to section 5 of P.L.2020, c.59 (C. 52:34A-5) shall require that contracts to be awarded for State construction projects pursuant to the provisions of P.L.2020, c.59 (C. 52:34A-1 et al.) contain the following bidding components:

(1) general conditions of the contract;

(2) plans and specifications of the public works construction project;

(3) competitive bidding for the contract, if appropriate;

(4) classification of firms submitting bids;

(5) statement of corporate ownership of the entity or entities submitting bids;

(6) bid bond and performance bond security;

(7) execution of the contract;

(8) certification of financial ability to complete work;

(9) commencement of work;

(10) prevailing wage mandate;

(11) acknowledgement of addenda;

(12) naming of prime subcontractors;

(13) specified alternates;

(14) non-collusion affidavit; and

(15) political contribution disclosure.

b. The State Treasurer shall also promulgate a bid proposal form to be used by contractors or vendors bidding for work under P.L.2020, c.59 (C. 52:34A-1 et al.).

c. The regulations shall require that a contractor or vendor seeking a contract for public works construction pursuant to P.L.2020, c.59 (C. 52:34A-1 et al.) be classified with the Division of Property Management and Construction in the Department of the Treasury, or be prequalified by the Department of Transportation, New Jersey Transit, or the New Jersey Turnpike Authority, prior to submitting a bid.

L.2020, c.59, s.6.