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

NRS 332.201 Duty of governing body of certain counties to report to Office of Economic Development concerning local emerging small businesses. 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. (Added to NRS by 2013, 3689; A 2019, 778)