(1) PUBLIC RECORDS EXEMPTION. The following records obtained by the department under this chapter are not open to public inspection under s. 19.35:
(a) Contractor financial statements.
(b) A contractor’s purchase, storage, or procurement records.
(2) USE OF RECORDS IN COURT OR ADMINISTRATIVE PROCEEDINGS. Notwithstanding sub. (1), the department may introduce any information obtained under this chapter in a court proceeding or administrative contested case, subject to any protective order that the court or administrative tribunal determines to be appropriate.