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2021 Nevada Revised Statutes
Chapter 332 - Purchasing: Local Governments
NRS 332.320 - Operating cost savings" defined.
Universal Citation:
NV Rev Stat § 332.320 (2021)
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"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, 3049)
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