Indiana Code 4-13-16.5-3.5. Veteran owned small business concern; rules; state contracting goals; procurement policies and procedures; reporting requirement
(1) Increase contracting opportunities for Indiana veteran owned small businesses described in section 1.5 of this chapter with a goal to procure in each state fiscal year at least three percent (3%) of state contracts with Indiana veteran owned small businesses.
Terms Used In Indiana Code 4-13-16.5-3.5
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
- veteran: includes "Hoosier veteran" and applies to the construction of all Indiana statutes, unless the construction is expressly excluded by the terms of the statute, is plainly repugnant to the intent of the general assembly or of the context of the statute, or is inconsistent with federal law. See Indiana Code 1-1-4-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(3) Implement section 1.5 of this chapter.
These procurement policies do not apply to a procurement of supplies and services to address immediate and serious government needs at a time of emergency, including a threat to the public health, welfare, or safety that may arise by reason of floods, epidemics, riots, acts of terrorism, major power failures, a threat proclaimed by the President of the United States or the governor, or a threat declared by the commissioner.
(b) The department shall annually evaluate its progress in meeting the goal described in this section for the previous state fiscal year. After June 30 and before November 1 of each year, the department shall submit a report to the governor, the Indiana department of veterans’ affairs, and the interim study committee on public safety and military affairs established by IC 2-5-1.3-4 and the legislative council in an electronic format under IC 5-14-6. The report must include:
(1) the percentage goal obtained by the department during the previous state fiscal year; and
(2) a summary of why the department failed to meet the goal and what actions are being taken by the department to meet the goal in the current state fiscal year.
(c) The department shall post the report described in subsection (b) on the department’s Internet web site not later than thirty (30) days after the report is submitted. The Indiana department of veterans’ affairs shall post the report described in subsection (b) on the department’s Internet web site not later than thirty (30) days after the report is submitted by the department.
As added by P.L.15-2020, SEC.6.