Bill
A 4648
Provides for State agencies to issue advanced payments to certified business enterprises awarded State contracts.
2024-2025 Regular Session
Introduced by Linda Carter and 5 co-sponsors
Allows up to 10% upfront payment on state contracts to DOR-certified CBEs, with pass-through to certified subcontractors and repayment if work isn't started or completed.
Reported and Referred to Assembly Labor Committee