(a) (1) A public procurement unit may participate in, sponsor, conduct, or administer a cooperative purchasing agreement for the acquisition of commodities or services with one (1) or more public procurement units or external procurement activities in accordance with an agreement entered into between the participants.
(2) A cooperative purchasing agreement under this section may include without limitation a joint or multiparty contract between public procurement units and an open-ended state public procurement unit contract that is made available to local public procurement units.
(b) (1) The State Procurement Director shall present a quarterly report of all purchases made under cooperative purchasing agreements under this section to the Legislative Council or, if the General Assembly is in session, to the Joint Budget Committee.
(2) The report required under this subsection shall be in the format required by the Legislative Council and shall include the following:
(A) The name of the contractor;
(B) The name of the procurement agency;
(C) The contact information for the contractor and procurement agency;
(D) The total cost of the contract, including all available extensions;
(E) A description of the goods or services procured; and
(F) Any other information requested by the Legislative Council or the Joint Budget Committee.
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