California SB1340 mandates reporting on small business and disabled veteran business participation in state contracts.

California SB1340 requires contractors to report on the actual percentage of small business and disabled veteran business participation in awarded contracts. The bill also mandates that prime contractors use the small business subcontractors proposed in their bid unless a substitution is approved by the awarding department. Additionally, the small business liaison for each state agency must annually submit information on small business contracting to the Office of Small Business Advocate, which will post this information on its website.

California SB1340 mandates reporting on small business and disabled veteran business participation in state contracts.

California SB1340 requires contractors to report on the actual percentage of small business and disabled veteran business participation in awarded contracts. The bill also mandates that prime contractors use the small business subcontractors proposed in their bid unless a substitution is approved by the awarding department. Additionally, the small business liaison for each state agency must annually submit information on small business contracting to the Office of Small Business Advocate, which will post this information on its website.