(1) No public entity shall enter into any contract or contract renewal that would result in any state or local government funds being transferred:

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Terms Used In Nebraska Statutes 73-906

  • Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801

(a) To a scrutinized company in connection with any technology-related product or service; or

(b) To any company in connection with any technology-related product or service that originates with a scrutinized company.

(2) Notwithstanding subsection (1) of this section, a public entity may enter into a contract for goods manufactured by a scrutinized company if:

(a)(i) There is no other reasonable option for procuring such good;

(ii) The contract is preapproved by the Department of Administrative Services; and

(iii) Not procuring such good would pose a greater threat to the state than the threat associated with the good itself; or

(b) The purchasing entity is an electric supplier that is not out of compliance with the Critical Infrastructure Protection requirements issued by the North American Electric Reliability Corporation.