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Utah's system of state cooperative contracts allows government agencies, school districts, and other public entities to jointly negotiate bulk purchasing agreements for goods and services. This bill would add a 0.5% administrative fee to these cooperative contracts, applying to new contracts posted for bid on or after July 1, 2026, with revenue from the fee deposited into a newly created State Purchasing Reserve Restricted Account. The state treasurer would be required to invest this account's funds in precious metals such as gold or silver, and the Legislature could only spend the money if inflation, measured by the Chained Consumer Price Index, rises to at least two standard deviations above its 15-year average, at which point funds could be used to help offset rising procurement costs for public entities participating in cooperative contracts. Public entities using these cooperative contracts would pay a slightly higher fee on their purchases, with the possibility of drawing on the reserve fund only during a significant inflation spike.