1. The governing body or its authorized representative in a county whose population is 100,000 or more shall submit a report every 6 months to the Office. The report must include, without limitation, for the period since the last report: (a) The number of local emerging small businesses that the governing body or its authorized representative solicited to submit a response to the governing body or its authorized representative for a local purchasing contract; (b) The number of local emerging small businesses that submitted a response to the governing body or its authorized representative for a local purchasing contract; (c) The number of local purchasing contracts that were awarded by the governing body or its authorized representative to local emerging small businesses; (d) The total number of dollars worth of local purchasing contracts that were awarded by the governing body or its authorized representative to local emerging small businesses; and (e) Any other information deemed relevant by the Office. 2. The report required pursuant to subsection 1 must be submitted within 90 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) Local purchasing contract means a contract awarded pursuant to the provisions of this chapter for which the estimated cost is not more than $100,000. The term does not include a contract for which a procurement card is used. (c) Office means the Office of Economic Development. (d) Procurement card means a charge card issued to a governing body or its authorized representative for the purpose of purchasing goods and services pursuant to the provisions of this chapter.
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