N.J. Admin. Code § 17:14-5.2

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:14-5.2 - Reporting requirements

(a) Within 30 calendar days of the end of each State contracting agency's fiscal quarters, the agency shall file with the Division a report containing the following information prescribed by the Division:

1. The total number and dollar value of all contracts advertised and awarded, delineating which of these contracts and the percentages that were advertised and awarded as small business set-aside contracts in each of the three categories of small businesses set forth in 17:14-4.1;

i. The State contracting agencies, in determining compliance with the set-aside goals for the three categories, shall count only those contracts awarded as a result of set-aside designations and only for the categories designated. If a registered small business was awarded a contract that was not set aside, that contract cannot be counted as a set-aside award but shall be counted toward attainment of the agency's overall goal.

2. The total number and dollar value of all contracts advertised and awarded subject to the subcontracting target programs, setting forth the number and dollar value of subcontracts awarded to each of the three categories of small businesses, respectively; and

3. A description of efforts made by the State contracting agency to conduct outreach and educational programs for potentially eligible small businesses and any efforts made to assist the business community in achieving the objectives of these programs.

(b) Within 90 calendar days of the close of each State contracting agency's fiscal year, the agency shall file with the Division, in a format prescribed by the Division, an analysis of actual contracting dollars paid to all contractors and actual contracting dollars paid to each of the three categories of small businesses, pursuant to set-aside contracts and subcontracts. The Division shall forward the reports to the State Treasurer.

(c) All reports required by this subchapter shall be considered public records for the purposes of 47:1A-1 et seq. and shall be retained as part of the permanent records of the State contracting agency and the Division.

N.J. Admin. Code § 17:14-5.2