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2017 Nevada Revised Statutes
Chapter 332 - Purchasing: Local Governments
NRS 332.410 - Reinvestment of savings realized under contract.
Universal Citation: NV Rev Stat § 332.410 (2017)
A local government may reinvest any savings realized under a performance contract whenever practical into other operating cost-savings measures provided the local government:
1. Is satisfying all its other obligations under the performance contract; and
2. Complies with the requirements of NRS 332.300 to 332.440, inclusive, when reinvesting the savings into other operating cost-savings measures.
(Added to NRS by 2003, 3053; A 2009, 969)
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