1.  If the Purchasing Division determines that a business has made a material misrepresentation or otherwise committed a fraudulent act in applying for the preference described in NRS 333.3366, the business is thereafter permanently prohibited from:

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Terms Used In Nevada Revised Statutes 333.3367

(a) Applying for or receiving the preference described in NRS 333.3366; and

(b) Bidding on a state purchasing contract.

2.  If the Purchasing Division determines, as described in subsection 1, that a business has made a material misrepresentation or otherwise committed a fraudulent act in applying for the preference described in NRS 333.3366, the business may apply to the Administrator to review the decision pursuant to chapter 233B of NRS.