Establishes "Minority and Women-Owned Businesses State Contractor Remedies Act."

Summary

The bill establishes a new act that requires New Jersey state agencies and prime contractors to make good‑faith efforts to award public contracts to minority‑ and women‑owned businesses, using findings from a 2024 disparity study. It defines key terms, creates an Office of Supplier Development and an electronic database of certified firms, and sets contracting goals to address documented disparities. The measure aims to promote a nondiscriminatory market for all state procurement.

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