N.J. Admin. Code § 17:14-2.2

Current through Register Vol. 57, No. 1, January 6, 2025

Section 17:14-2.2 - Obligation to provide information; penalties for failure to provide complete and accurate information

(a) Applicants under this chapter shall accurately and honestly supply all information required by the Division.

(b) When a business has been approved as a disabled veteran-owned business on the basis of false information knowingly supplied by the business, and the business has been awarded a State contract, or a subcontract thereto, the Unit, after notice and opportunity for a contested case hearing pursuant to N.J.S.A. 52:14B-1 et seq., and 52:14F-1 et seq., and N.J.A.C. 1:1, shall:

1. Assess the business any difference between the contract amount and what the State's cost would have been if the contract had not been awarded in accordance with the provisions of N.J.S.A. 52:32-31 et seq.;

2. Assess the business a penalty in the amount of 10 percent of the amount of the contract or subcontract involved;

3. Order the business ineligible to transact any business with a State contracting agency for a period between three months and one year; and

4. Order the Division to disallow the registration of the business as a disabled veteran-owned business for a period of one year from the State's database.

(c) Any business approved by the Division as a disabled veteran-owned business shall immediately apprise the Division of any circumstances that might affect the eligibility of the business under this chapter.

(d) The failure of a business to report any such changed circumstances, or the intentional and/or knowing reporting of false information, shall disqualify the business for inclusion in the database under this chapter or a period of one year.

(e) When a business has been registered as a disabled veteran-owned business on the basis of false information knowingly supplied by the business, but the business has not been awarded a State contract, the Unit, after notice and opportunity for a contested case hearing pursuant to N.J.S.A. 52:14B-1 et seq., and 52:14F-1 et seq., and N.J.A.C. 1:1, shall order the Division to disallow the registration of the business as a disabled veteran-owned business from the State's database for a period of one year.

N.J. Admin. Code § 17:14-2.2

Adopted by 51 N.J.R. 1063(a), effective 6/17/2019