(a) The chief procurement officer shall annually report, on or before each December 31, to the governor and to each member of the general assembly concerning the awarding of purchases to minority-owned business, woman-owned business, service-disabled veteran-owned business, business owned by persons with disabilities, or small business and the total value of awards made during the preceding fiscal year under this part. The chief procurement officer shall also include in such annual report:

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Terms Used In Tennessee Code 12-3-1107

  • Business owned by persons with disabilities: means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one (1) or more persons with a disability. See Tennessee Code 12-3-1102
  • Chief procurement officer: means the person holding the position established in §. See Tennessee Code 12-3-201
  • 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.
  • Minority-owned business: means a minority-owned business that is a continuing, independent, for profit business that performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one (1) or more minority individuals who are impeded from normal entry into the economic mainstream because of past practices of discrimination based on race or ethnic background. See Tennessee Code 12-3-1102
  • Procurement: means buying, purchasing, renting, leasing, or otherwise acquiring of any goods or services. See Tennessee Code 12-3-201
  • Service-disabled veteran-owned business: means a service-disabled veteran-owned business that is a continuing, independent, for profit business located in this state that performs a commercially useful function, and:
    (A) Is at least fifty-one percent (51%) owned and controlled by one (1) or more service-disabled veterans. See Tennessee Code 12-3-1102
  • Small business: means a business that is a continuing, independent, for profit business which performs a commercially useful function with residence in this state and has total gross receipts of not more than ten million dollars ($10,000,000) averaged over a three-year period or employs no more than ninety-nine (99) persons on a full-time basis. See Tennessee Code 12-3-1102
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
  • Woman-owned business: means a woman-owned business that is a continuing, independent, for profit business that performs a commercially useful function, and is at least fifty-one percent (51%) owned and controlled by one or more women. See Tennessee Code 12-3-1102
(1) The number of solicitations of minority-owned business, woman-owned business, service-disabled veteran-owned business, business owned by persons with disabilities, or small business by category;
(2) The number of responses received from minority-owned business, woman-owned business, service-disabled veteran-owned business, business owned by persons with disabilities, or small business by category;
(3) The dollar amount of purchases awarded to such businesses by category; and
(4) The total dollar amount of purchases awarded to all businesses in the state.
(b) In annually reporting the information on any minority-owned business, woman-owned business, service-disabled veteran-owned business, business owned by persons with disabilities, or small business, based upon information provided by vendors, the chief procurement officer shall, in a separate section of the report, indicate the number of businesses solicited within each of the five (5) subcategories enumerated within § 12-3-1102, the number of responses received from each of the five (5) subcategories enumerated within § 12-3-1102, and the total number and dollar amount of all purchases awarded within each of the five (5) subcategories enumerated within § 12-3-1102. For purposes of evaluation, the report shall also indicate the total number and dollar amount of all purchases by all state agencies during the reporting period.
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