1.  The Purchasing Division shall submit a report every 6 months to the Office. The report must include, without limitation, for the period since the last report:

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Terms Used In Nevada Revised Statutes 333.177

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Purchasing Division: means the Purchasing Division of the Department of Administration. See Nevada Revised Statutes 333.020

(a) The number of local emerging small businesses that the Purchasing Division solicited to submit a bid or proposal to the Purchasing Division on a state purchasing contract;

(b) The number of local emerging small businesses that submitted a bid or proposal on a state purchasing contract;

(c) The number of state purchasing contracts that were awarded by the Purchasing Division to local emerging small businesses;

(d) The total number of dollars’ worth of state purchasing contracts that were awarded by the Purchasing Division to local emerging small businesses;

(e) Whether each goal established by the Office pursuant to NRS 231.1407 has been achieved;

(f) For each goal established by the Office pursuant to NRS 231.1407 that has not been achieved, information on all efforts undertaken by the Purchasing Division to achieve the goals in the current fiscal year and a proposed plan for achieving the goals in the subsequent fiscal year; and

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

2.  The report required pursuant to subsection 1 must be submitted within 30 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) ’Office’ means the Office of Economic Development.

(c) ’State purchasing contract’ means a contract awarded pursuant to the provisions of subsection 3 of NRS 333.300.

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