A legislative package aimed at addressing the findings of a New Jersey disparity study has recently passed through an Assembly committee. The study revealed disparities in contracting opportunities for minority and women-owned businesses in the state. The package includes three bills that seek to level the playing field for these underrepresented groups.
One bill in the package would require state agencies to adhere to specific goals for contracting with minority and women-owned businesses. These goals are based on the disparities uncovered in the study and aim to increase opportunities for these businesses to secure state contracts.
Another bill focuses on ensuring that data related to contracting opportunities is readily available and easily accessible to minority and women-owned businesses. This would include information on upcoming contracts, bid requirements, and the process for submitting proposals. By making this information more transparent, the bill aims to empower these businesses to compete on a more level playing field.
The third bill in the package aims to improve the certification process for minority and women-owned businesses seeking state contracts. By streamlining and simplifying the certification process, the bill intends to make it easier for these businesses to navigate the system and access contracting opportunities.
Overall, the legislative package is designed to address the disparities identified in the disparity study and create a more equitable contracting environment for minority and women-owned businesses in New Jersey. The bills have received support from various stakeholders and are seen as a step in the right direction towards increasing opportunities for underrepresented businesses in the state.
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