NRS 332.201 Duty of governing body of certain counties to report to Office of Economic Development concerning local emerging small businesses.

309 words·~1 min read·/nv/chapter-332-purchasing-local-governments/332-201

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. The governing body or its authorized representative in a county whose population is 100,000 or more shall submit a report every 6 months to the Office. The report must include, without limitation, for the period since the last report:

(a)The number of local emerging small businesses that the governing body or its authorized representative solicited to submit a response to the governing body or its authorized representative for a local purchasing contract;

(b)The number of local emerging small businesses that submitted a response to the governing body or its authorized representative for a local purchasing contract;

(c)The number of local purchasing contracts that were awarded by the governing body or its authorized representative to local emerging small businesses;

(d)The total number of dollars’ worth of local purchasing contracts that were awarded by the governing body or its authorized representative to local emerging small businesses; and

(e)Any other information deemed relevant by the Office.

2. The report required pursuant to subsection 1 must be submitted within 90 days after:

(a)The end of each fiscal year; and

(b)The end of each calendar year.

3. As used in this section:

(a)“Local emerging small business” has the meaning ascribed to it in NRS 231.1402 .

(b)“Local purchasing contract” means a contract awarded pursuant to the provisions of this chapter for which the estimated cost is not more than $100,000. The term does not include a contract for which a procurement card is used.

(c)“Office” means the Office of Economic Development.

(d)“Procurement card” means a charge card issued to a governing body or its authorized representative for the purpose of purchasing goods and services pursuant to the provisions of this chapter.