Board hears procurement rules: NRS 333.335 governs RFP confidentiality; staff typically handles evaluations
Treasurer’s staff briefed trustees that Nevada purchasing laws require confidentiality for proposals under evaluation (NRS 333.335) and that most boards delegate procurement evaluation to staff; the board can opt to review RFP scope or the awarded contract publicly but should not perform confidential evaluations as a full board.
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Staff reviewed procurement law and best practice for the board’s planned RFP for a Nevada-specific program. Deputy Mohlenkamp told trustees that state purchasing confirmed confidentiality rules under state law apply to the Nevada Employee Savings Trust and cited NRS 333.335 as governing procedures for RFP evaluations.
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