Revises number of qualified disabled veterans' businesses required to designate set-aside contract from three to two.

This bill changes New Jersey's requirement for designating set-aside contracts for disabled veterans' businesses, reducing the number of qualified businesses needed from three to two. It directly affects state contracting agencies and disabled veterans' businesses by making it easier to qualify for these set-aside contracts, which reserve work for veteran-owned businesses. The change aligns New Jersey's standard with federal guidelines and neighboring states, addressing challenges caused by the low number of registered disabled veterans' businesses in the state. The amendment modifies existing law to allow set-asides when at least two qualified businesses can bid fairly on the contract.