Creates a preference for veterans in the awarding of public contracts

SB 1245 creates a 3-point preference in state and local government contract awards for businesses owned and controlled by honorably discharged veterans (51% veteran ownership) and service-disabled veterans (51% veteran ownership with disability certification). It requires state agencies and political subdivisions to prioritize these veteran-owned businesses when awarding public contracts, aiming for 3% of contracts to go to such businesses if qualified bids are available. The bill prohibits businesses from receiving bonus points under both veteran categories simultaneously. This policy directly affects state/local government procurement processes and veteran-owned businesses operating in Missouri.