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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 332.440: Financial mechanisms to guarantee operational cost savings are realized.

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Where this section sits in the code
  1. TITLE 27 — PUBLIC PROPERTY AND PURCHASING
  2. CHAPTER 332 - PURCHASING: LOCAL GOVERNMENTS
  3. PROHIBITIONS AND PENALTIES

A performance contract must include appropriate financial mechanisms determined to be necessary by the city or county treasurer, as appropriate, to guarantee that operating cost savings are realized by the local government if the actual cost savings do not meet the predicted cost savings.

Collected 2026-09-03T05:51:37Z. Source file · JSON

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