N.J. Admin. Code § 7:22-9.3 - SED utilization requirements for projects

Current through Register Vol. 54, No. 7, April 4, 2022

(a) A goal of not less than 10 percent (or a higher percentage as may be required by Federal law) of the total amount of all contracts for building, materials and equipment, or services for a project funded by a New Jersey environmental infrastructure facilities financing program must be awarded to SEDs.
(b) The 10 percent SED utilization requirement shall be accomplished by the following:
1. Bids shall be solicited on an unrestricted basis. The bid documents, however, shall include a statement to the effect that the successful bidder must fulfill the SED utilization requirements by subcontracting portions or the work to SEDs; or
2. Contractors also have the option of establishing unrestricted bidding procedures to fulfill the 10 percent SED utilization requirement for the project.

Notes

N.J. Admin. Code § 7:22-9.3

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