Removes principal place of business requirement for disabled veterans' businesses in New Jersey.
This bill removes the requirement that disabled veterans' businesses must have their principal place of business in New Jersey to be eligible for state contracts. The "Set-Aside Act for Disabled Veterans’ Businesses" aims to ensure that contracting agencies award at least 3% of their contracts to such businesses. By eliminating the state-based business location requirement, the bill may expand the pool of eligible businesses, potentially aiding contracting agencies in meeting their goals.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.