SB 1245 - This act creates new provisions establishing a preference in state contracts for certain military veteran-owned enterprise. Specifically, in letting contracts for the performance of any job
or service, all agencies, departments, institutions, and other entities of this state and of each political subdivision of this state shall give a three-point bonus preference to honorably discharged veteran-owned enterprises that are doing business as Missouri firms, corporations, or individuals or that maintain Missouri offices or places of business. The Commissioner of Administration is required to have a goal of letting at least 3% of all state contracts to honorably discharged veteran-owned enterprises, except as otherwise provided in the act.
This act is substantially similar to HB 714 (2025).
SCOTT SVAGERA