NAC445A.795. Participation by disadvantaged businesses: Generally.

     1. An applicant for financial assistance shall comply with the requirements of federal law concerning the participation of disadvantaged businesses.

     2. Each recipient of financial assistance shall attempt to comply with the fair share percentages established annually for disadvantaged businesses by the Division and the United States Environmental Protection Agency. Any recipient not meeting these goals shall submit evidence of compliance with the affirmative steps identified in NAC 445A.796.

     3. An applicant for financial assistance shall submit with his or her request for approval of an award a report, in the form prescribed by the Division, of participation by disadvantaged businesses. If the low bidder on any construction contract does not meet the fair share requirements for disadvantaged businesses, the applicant shall submit to the Division evidence of compliance by the bidder with the affirmative steps identified in NAC 445A.796.

     4. A recipient of financial assistance shall submit to the Division, in the form prescribed by the Division, a report of participation by disadvantaged businesses following any quarter during which any procurement of $10,000 or more is executed for the project. As used in this subsection, “quarter” means a quarter in the federal fiscal year.

     (Added to NAC by Environmental Comm’n, eff. 9-19-90)—(Substituted in revision for NAC 445.42168)