Home/Nevada/Statutes/Title 27: PUBLIC PROPERTY AND PURCHASING/Ch. 333A: Purchasing:/§ 333A.150
Nevada Statutes

§ 333A.150 — Financial mechanisms to guarantee operational cost savings are realized

Nevada § 333A.150
JurisdictionNevada
Title 27PUBLIC PROPERTY AND PURCHASING
Ch. 333APurchasing:

This text of Nevada § 333A.150 (Financial mechanisms to guarantee operational cost savings are realized) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Nev. Rev. Stat. § 333A.150 (2026).

Text

A performance contract must include appropriate financial mechanisms determined to be necessary by the State Treasurer to guarantee that operating cost savings are realized by the using agency if the actual cost savings do not meet the predicted cost savings.

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Legislative History

(Added to NRS by 2003, 3059 )

Nearby Sections

15
§ 333A.005
Legislative declaration
§ 333A.010
Definitions
§ 333A.015
“Board” defined
§ 333A.020
Building” defined
§ 333A.030
Operating cost savings” defined
§ 333A.040
Operating cost-savings measure” defined
§ 333A.050
Performance contract” defined
§ 333A.060
Qualified service company” defined
§ 333A.070
“Using agency” defined
§ 333A.075
Authority of using agency to enter into performance contract; purpose of performance contract; compliance with applicable building codes
§ 333A.080
Procedure for determination of qualified service companies by State Public Works Division; request for qualifications; adoption of criteria; factors; compilation of list of qualified service companies
§ 333A.082
Notification to qualified service companies; selection of qualified service company; financial-grade audit required
§ 333A.084
Requirements for comprehensive audits
§ 333A.086
Third-party consultants
§ 333A.090
Financing and structure of performance contract; minimum annual operating cost savings from performance contract; change orders
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Bluebook (online)
Nevada § 333A.150, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/333A.150.