Section 261.54.15. Maintenance of records.

       54.15(1) In order to monitor the progress of its targeted small business program each department, agency, or education institution shall develop a record-keeping system which will identify and assess TSB contract awards and the department’s, agency’s, or education institution’s progress in achieving the TSB goal.

       54.15(2) Specifically, a department, agency, or education institution shall maintain records showing:

        a.           Procedures which have been adopted to comply with the requirements of this rule.

        b.           Awards to TSB. These awards shall be measured against the department’s, agency’s, or education institution’s goals.

       54.15(3) Records shall be available upon the request of IDED or the state auditor.