What is the E-Procurement obligation for a LEA under Senate Bill 620?
Basically, as of the date a LEA is certified E-Procurement compliant, it must expend at least thirty percent of its remaining unencumbered funds used to purchase supplies, equipment, materials, software, and other tangible equipment during that fiscal year through the NC E-Procurement Service. This percent requirement jumps to thirty-five percent in the first full year following becoming E-Procurement compliant, and to forty percent the second year. In the first and second years following certification as compliant, LEAs are encouraged (but not required) to purchase at least fifty and seventy percent, respectively, through the NC E-Procurement Service.