NaVOBA State Tracker:

New Jersey

Rank: 2 Stars

Description: Bill A3308 charges the state's Treasury Department to work in conjunction with the state Economic Development Authority and the state Department of Military and Veterans Affairs to encourage "opportunities for veteran-owned businesses in state purchasing and procurement processes." It also calls on those departments to "identify strategies to expand the number of veteran-owned businesses interested in and eligible to benefit from state procurement activity." It established the goal that contracting agencies award at least 3% of their contracts to veteran-owned businesses and give due consideration to veteran-owned businesses in awarding contracts. 

The "Set-Aside Act for Disabled Veterans' Businesses" required three qualified bidders to set aside a contract. Governor Phil Murphy signed S2249/A4211 on January 16, 2024, which revises the number of disabled veterans’ businesses required to designate a set-aside contract from three to two.

Learn More About Opportunities:

Find Your Elected Officials and Take Action:

Gov. Phil Murphy

Sen. Andy Kim

Sen. Cory Booker

Representatives

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