Provides for State agencies to issue advanced payments to certified business enterprises awarded State contracts.

New Jersey's S 3640 would allow state agencies to provide certified small businesses up to 10% of a contract's value as an advance payment before work begins. This directly benefits businesses certified through the state's program (including minority-owned, women-owned, veteran-owned, and disadvantaged enterprises) that need capital to start public contracts for construction, goods, services, or professional work. Contractors must share the advance payment proportionally with certified subcontractors within 60 days, and businesses that fail to complete the work must repay the advance. The bill aims to reduce financial barriers for certified businesses bidding on state contracts.