The Firearm and Ammunition Procurement Act establishes new procurement practices for firearms, ammunition, and firearm accessories by State agencies in New Jersey. Under this act, bidders must certify that they do not sell unserialized gun build kits or firearm precursor parts before a contract is awarded, renewed, amended, or extended. This certification must also include disclosures of any violations found during inspections by federal, State, or local agencies in the past two years. Additionally, bidders and contractors are required to provide documentation related to their compliance with safety regulations, including inspection reports, theft or loss records, and corrective actions taken in response to violations.

The act mandates that State agencies reject bids or cancel contracts if bidders or contractors fail to comply with its provisions, and it prohibits exigent or emergency purchases of firearms, ammunition, or firearm accessories. Furthermore, each State agency, in collaboration with the Office of the Attorney General, is tasked with developing processes to implement the act, which may include prequalification processes and scoring systems to evaluate bidders' public safety values. The provisions of this act will apply to all relevant contracts solicited or entered into by State agencies after its effective date.