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2011 Nevada Revised Statutes
Chapter 333A - State Performance Contracts for Operating Cost-Savings Measures
NRS 333A.030 - Operating cost savings defined.


NV Rev Stat § 333A.030 (2011) What's This?

Operating cost savings means any expenses that are eliminated or avoided on a long-term basis as a result of the installation or modification of equipment, or services performed by a qualified service company. The term does not include any savings that are realized solely because of a shift in the cost of personnel or other similar short-term cost savings.

(Added to NRS by 2003, 3054) (Substituted in revision for NRS 333.530)

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