This bill mandates that State agencies, along with the Director of the Division of Purchase and Property and the Director of the Division of Property Management and Construction, make a good faith effort to increase the awarding of contracts procured without advertisement to certified minority-owned and women-owned businesses by 30 percent within five years of the bill's effective date. To facilitate this goal, the State Treasurer is tasked with developing guidelines and directives that comply with State and federal law. Additionally, the bill requires each State agency to report to the State Treasurer every 30 days on their progress towards this goal.

Furthermore, the bill includes provisions for the State Treasurer to submit a comprehensive report every six months to the Governor and the Legislature, detailing the implementation of the guidelines, actions taken by the agencies, and the overall impact of these efforts. The bill also amends existing laws to reflect these new requirements, including the delegation of purchasing authority and the establishment of procedural requirements for contract awards.

Statutes affected:
Introduced: 52:34-7