ASSEMBLY COMMUNITY DEVELOPMENT AND WOMEN'S AFFAIRS COMMITTEE
STATEMENT TO
ASSEMBLY, No. 4487
with committee amendments
STATE OF NEW JERSEY
DATED: SEPTEMBER 23, 2024
The Assembly Community Development and Women's Affairs Committee reports favorably and with committee amendments Assembly Bill No. 4487.
This bill requires State Contract Managers to monitor the use of subcontractors that are certified businesses on State contracts.
Under this bill, the State Contract Manager is responsible for monitoring that all certified businesses formally identified as subcontractors by prime contractors on State contracts are contracted to complete work within their identified area of expertise. During the execution of the State contracts, the State Contract Manager is responsible for monitoring and documenting the use of the identified certified businesses as subcontractors. If the prime contractor decides to discontinue their utilization of the certified business as a subcontractor, the State Contract Manager must require a formal explanation from the prime contractor.
Each State Contract Manager is required to notify the Chief Diversity Officer on a quarterly basis of the number of instances when certified businesses formally identified as subcontractors by prime contractors are contracted to complete work outside their identified area of expertise. The report must include the name of the prime contractor, a description of the work of the certified business as a subcontractor, and how the work was outside the area of expertise of the certified business.
As used in the bill, certified business means a small business, minority business, women’s business, veteran business, disabled veteran business, LGBTQ+ business, economically disadvantaged business, or socially disadvantaged business as certified by the Division of Revenue Business Certification program in the Department of the Treasury.
COMMITTEE AMENDMENTS:
The committee amendments make technical and grammatical corrections.