Authorizes DMVA to grant preference in awarding contracts to vendors that employ veterans.

This bill, known as the BRAVE Act, requires New Jersey's Department of Military and Veterans Affairs (DMVA) to prioritize vendors with higher percentages of veteran employees when awarding contracts for goods or services. Specifically, for each contract, the DMVA must compare the top three vendors based on the percentage of their full-time employees who are veterans (defined as honorably discharged veterans or disabled veterans certified by the VA), and award the contract to the vendor with the highest percentage. Vendors must submit employee data, which the DMVA must verify within 30 days; false claims can result in a five-year contract ban for the vendor and its principals. The bill directly affects businesses seeking DMVA contracts and aims to support veteran employment by creating a financial incentive for hiring veterans.