1. The Director, after consulting with the Director of the Department of Tourism and Cultural Affairs, the Administrator of the Division of Museums and History of the Department of Tourism and Cultural Affairs and the Administrator of the Division of Minerals of the Commission on Mineral Resources, may contract with a mint to produce medallions made of gold, silver, platinum or nonprecious metals and bars made of gold, silver or platinum.
2. The decision of the Director to award a contract to a particular mint must be based on the ability of the mint to:
(a) Provide a product of the highest quality;
(b) Advertise and market the product properly, including the promotion of museums and tourism in this State; and
(c) Comply with the requirements of the contract.
3. The Director shall award the contract to the lowest responsible bidder, except that if in his or her judgment no satisfactory bid has been received, the Director may reject all bids.
4. All bids for the contract must be solicited in the manner prescribed in NRS 333.310 and comply with the provisions of NRS 333.330.
(Added to NRS by 1989, 139; A 1993, 1537; 1999, 3619; 2001, 935; 2007, 1000; 2011, 2947)
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