Mercer Times

Governor Phil Murphy recently held a roundtable discussion with legislators and stakeholders to discuss potential legislative measures and ongoing initiatives aimed at eliminating disparities in the public procurement process. The focus is on creating a more equitable business environment for Minority and Women-Owned Business Enterprises (MWBEs) in New Jersey.

This meeting follows the release of a comprehensive statewide disparity study earlier this year, the first since 2005. The study reviewed procurement data from 2015 to 2020, revealing significant disparities in awarding public contracts to MWBEs. This analysis provides a legal basis for addressing these gaps. The discussion also follows meetings led by the Governor’s Office and the Department of Treasury with community partners, faith leaders, labor groups, and diverse business chambers across New Jersey.

Governor Murphy stated, “One of New Jersey’s best attributes has always been its vast diversity. Our state is home to people of so many different backgrounds, who all deserve the opportunity to succeed in their chosen field; however, lingering inequities continue to create barriers to entry for our minority and women-owned businesses that want to contract with our state government. This is unacceptable and, with the help of our lawmakers and business community, we will take action.” He emphasized his commitment to building "a stronger, fairer, more equitable, and more inclusive New Jersey."

In line with these efforts, Governor Murphy signed an Executive Order establishing a new Economic Council supported by a Development Coordination Committee. The Economic Council will serve as a forum for collaboration between the business community and state government on issues important to both sectors. It aims to stimulate economic growth by advancing development projects requiring multiple governmental approvals.

“The Economic Council will ensure that we continue to have a healthy collaboration between the business community and the state government,” said Governor Murphy. He expressed optimism about fostering dialogue that would advance shared economic goals.

Since Governor Murphy took office, there has been cooperation between state officials, legislative partners, and industry stakeholders on policies facilitating economic development. Since 2018, small businesses in New Jersey have increased by over 40%, despite challenges posed by the global COVID-19 pandemic.

The Economic Council's co-chairs are Deputy Chief of Staff for Economic Growth Eric Brophy and Chief Executive Officer of the New Jersey Economic Development Authority Tim Sullivan. They will appoint industry representatives for working group discussions within the Council. Other members include key figures from various governmental departments or their designees.