A 3662
Provides preference for in-State businesses in State contracting.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes a preference for businesses located in New Jersey when the state government is awarding contracts for goods and services. The bill requires state agencies to prioritize bids from in-state businesses, with a five percent matching bid threshold. If no in-state bids meet this threshold, the contract will be awarded to the highest-priced bid. The bill also aims to encourage competitive bidding and allows for contracts to be broken down into smaller parts to give more New Jersey businesses a chance to compete.
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