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)