Translation Disclaimer
The revised regulations for the State's statutorily-mandated small business set-aside contracting program (N.J.S.A. 52:32-17 et seq.) and Executive Order 71 require that each State department make a good faith effort to award a total of 25% of the dollar value of State contracts for goods and services to eligible small businesses. To be eligible for the program, small businesses must have no more than 100 permanent employees and have their principal place of business in New Jersey. Small businesses should register with the Division of Revenue, Small Business Enterprise Unit in one of three categories of gross revenue. The categories are:
Under the revised regulations, 5% of the dollar value of State contracts should be awarded in each of the three registered categories above for a total of 15%. The remaining 10% may be allocated among the three categories. These goals will be reached through the use of set-aside and/or subcontracting contracts.
To be eligible for a set-aside and/or subcontracting contract, Small businesses must be registered with the Division of Revenue, Small Business Enterprise Unit on or before the date the bid or bid proposal is received and opened by the Division of Purchase & Property.
To register as a small business:
To assist in identifying small businesses .
provides information including goods and services offered by registered small businesses. Primary information includes geographic location, phone and fax number, business services offered, and state contracts awarded to small businesses.