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Bill > A4722


NJ A4722

NJ A4722
Requires State agencies to make good faith effort to increase awarding of contracts procured without advertisement to minority- and women-owned businesses.


summary

Introduced
09/12/2024
In Committee
09/23/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill requires State agencies, the Director of the Division of Purchase and Property, and the Director of the Division of Property Management and Construction, as the case may be, to make a good faith effort to achieve a goal of increasing the awarding of goods and services contracts procured without advertisement to certified minority-owned and women-owned businesses by 30 percent in the aggregate within five years of the effective date of this bill. The State Treasurer will develop guidelines and directives for State agencies and directors that will be used toward the effort to achieve such goal. Each State agency will submit a report to the State Treasurer detailing the efforts made by that agency to achieve such goal every 30 days. The State Treasurer will submit a report to the Governor and to the Legislature detailing the efforts made by all State agencies and the directors to achieve such goal every six months.

AI Summary

This bill requires State agencies, the Director of the Division of Purchase and Property, and the Director of the Division of Property Management and Construction to make a good faith effort to achieve a goal of increasing the awarding of goods and services contracts procured without advertisement to certified minority-owned and women-owned businesses by 30 percent in the aggregate within five years. The State Treasurer will develop guidelines and directives for these entities to use towards achieving this goal, and will submit reports to the Governor and Legislature every six months detailing the implementation and impact of these efforts. State agencies will also submit reports to the State Treasurer every 30 days on their progress.

Committee Categories

Government Affairs, Labor and Employment

Sponsors (5)

Last Action

Reported and Referred to Assembly Labor Committee (on 09/23/2024)

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