Loading chat...
NJ S3925
Bill
Status
Introduced
3/12/2026
Primary Sponsor
Angela Mcknight
Click for details
AI Summary
- Establishes a price preference of up to 10 percent on State contracts paid with State funds for minority businesses and women's businesses
- Requires State agencies to award contracts to minority or women's businesses if they meet solicitation requirements and are the lowest bidder after applying the preference
- When two or more minority or women's businesses are the lowest bidders on a contract, the contract goes to the business with the lowest bid
- Allows a business to retain eligibility for the preference if a minority or woman owner dies during bidding or contract term and their surviving spouse acquires the ownership interest
- Applies to contracts that are publicly advertised for bids and paid with State funds
Legislative Description
Establishes price preference program on State contracts for minority and women's businesses.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
3/12/2026
Committee Referrals
State Government, Wagering, Tourism & Historic Preservation3/12/2026
Full Bill Text
No bill text available