Requires Division of Purchase and Property to issue annual report on public contracts awarded to women-owned and minority-owned businesses; requires Division of Revenue to operate Selective Assistance Vendor Information (SAVI) database.

This bill requires New Jersey's Division of Purchase and Property to issue an annual report tracking public contracts awarded to women-owned and minority-owned businesses. The report must include data on application rates, contract numbers, contract values, and the percentage of contracts going to these businesses compared to all small businesses. It also mandates the Division of Revenue to operate the SAVI database, which compiles certified small, minority-owned, and women-owned businesses to help match them with state contracting opportunities. These requirements directly affect state agencies managing procurement and businesses seeking state contracts. The bill aims to increase transparency in public contracting without changing existing award criteria.