New Jersey Government Contractors: Don’t Let the Upcoming Pay-to-Play Filing Deadline Catch You Off Guard!

New Jersey’s Pay-to-Play Annual Disclosure filing deadline is imminent. By March 31, 2014, all for-profit businesses that have received aggregate payments of $50,000 or more during the 2013 calendar year as a result of New Jersey government contracts (at the state, county or local level) must file Form BE electronically with the New Jersey Election Law Enforcement Commission. Even if you have no contributions to report, if your company meets the $50,000 threshold, you are required to file an ELEC Annual Disclosure.

This filing requirement has been in effect since 2006. All businesses that meet the $50,000 threshold should be following a compliance plan that accurately tracks covered contracts and contributions and facilitates reporting. Now is the time to move from tracking into full filing preparation mode. It is also a good time for conducting an annual audit to ensure that all contributions are in full compliance with applicable law and that no contributions jeopardize eligibility for any government contract.

Topics:  Federal Contractors, Filing Deadlines, Pay-To-Play

Published In: Elections & Politics Updates, Government Contracting Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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