§ 37-14.3-1. Purpose. The purposes of this chapter are to honor veterans of the United States armed services for their service and to assist them by increasing opportunities for veteran-owned small businesses to participate in state agency contracts and subcontracts, and to carry out the state’s policy of supporting the fullest possible participation of firms […]
§ 37-14.3-2. Applicability. This chapter shall apply to any and all state procurements, including, but not limited to, the procurement of goods, services, public works projects, or contracts funded in whole or in part by state funds, or funds which, in accordance with a federal grant or otherwise, the state expends or administers or in […]
§ 37-14.3-3. Definitions. As used in this chapter, the following words shall have the following meanings: (1) “Compliance” means the condition existing when a contractor has met and implemented the requirements of this chapter. (2) “Contract” means a mutually binding legal relationship or any modification thereof obligating the seller to furnish supplies or services, including […]
§ 37-14.3-4. Veteran-owned small business enterprise participation. (a) The state’s annual goal for veteran-owned small business enterprises to participate in state procurements shall be no less than three percent (3%) of the total value of all contracts available to businesses in each fiscal year. The director of the department of administration is authorized and directed […]
§ 37-14.3-5. Establishment of criteria, guidelines and certification. The director of the department of administration shall, in consultation with the office of veterans services, establish, by rules and regulations adopted in accordance with chapter 35 of title 42, criteria to certify veteran-owned small business enterprises and maintain and update publicly accessible lists of veteran-owned small […]
§ 37-14.3-6. Sanctions. (a) The director of the department of administration shall have the power to impose sanctions upon contractors not in compliance with this chapter and shall include, but not be limited to: (1) Suspension of payments; (2) Termination of the contract; (3) Recovery by the state of ten percent (10%) of the contract […]
§ 37-14.3-7. Reporting. By August 1, 2018, and each August 1 thereafter, the department of administration shall submit an annual report to the governor, speaker of the house, senate president, and director of the office of veterans services for the period from July 1 to June 30 on the actual utilization of veteran-owned small business […]
