Press Release
Senator Steve Oroho Senator Steve Oroho (R-24)
Home | Facebook | Twitter
Contact: Jonathan Azzara / (609) 847-3600
May 26, 2022
Oroho Bill that Would Reinforce New Jersey’s Commitment to Veteran Owned Businesses Clears Senate

Like This on Facebook  Tweet This

Legislation sponsored by Senator Steven Oroho that would cut government red tape for disabled veteran owned businesses (DVOB’s) and make it easier for them to qualify for set-aside contracts was advanced by the New Jersey Senate.

Legislation sponsored by Sen. Steven Oroho that would cut government red tape for disabled veteran owned businesses and make it easier for them to qualify for set-aside contracts was advanced by the New Jersey Senate. (©iStock)

“Disabled veteran owned businesses in New Jersey are looking for opportunities to grow but are often stymied by outdated state regulations,” said Oroho (R-24). “It is actually quite difficult for these businesses to expand because all contracts set aside for DVOB’s must have three qualified bidders. Given the relatively few DVOB’s in the state, three qualified bidders in any specific transaction can be difficult to achieve. To fix this issue, my legislation will update New Jersey’s laws and reduce the number of businesses needed to qualify for a set-aside contract from three to two.”

Under current law, in order to qualify for a contract set-aside with the state, the bidding process must identify three DVOB’s. Oroho’s legislation, S-2249, revises this from three businesses to two—aligning New Jersey’s requirements with New York and the federal government.

A recent report published by the Garden State Initiative and the New Jersey State Veterans Chamber of Commerce—A Promise Not Kept: NJ’s Failure to Support Veteran Owned Businesses—showed that New Jersey is failing in its efforts to help veterans in starting and maintaining businesses through preferred access to contracts the state awards every day.

Every year, New Jersey sets aside 3% of its state contracting agencies’ budgets for DVOB’s. However, of the 72 state agencies that have procurement power, only a tiny fraction have actually awarded contracts.

“You can look at data from the Garden State Initiative, the New Jersey State Veterans Chamber of Commerce, and even the Small Business Administration, and they will all say the same thing—New Jersey is failing its disabled veteran owned businesses,” added Oroho. “This legislation is crucial to getting our state back on the right track. By making this small but crucial change, we will cut government red tape, better serve our community of disabled veterans, and make New Jersey a more competitive place for businesses.”

Related Tweet:
https://twitter.com/stevenoroho/status/1529863144046317568

Website Post:
https://www.senatenj.com/index.php/oroho/oroho-bill-that-would-reinforce-new-jerseys-commitment-to-veteran-owned-businesses-clears-senate/57395