US Lawyer Database

NRS 333A.091 – Proceeds of refunding obligations in escrow or trust: Investment; security; sufficient amount; purchaser not responsible for application of proceeds.

1. Any escrow or trust into which the proceeds of refunding obligations are placed pursuant to NRS 333A.0908 must not necessarily be limited to proceeds of refunding obligations but may include other money available for its purpose. 2. Any proceeds of refunding obligations placed in escrow or trust, pending such use, may be invested or […]

NRS 333A.070 – “Using agency” defined.

“Using agency” means all officers, departments, institutions, boards, commissions and other agencies in the Executive Department of the State Government which derive their support from public money in whole or in part, whether the money is provided by the State of Nevada, received from the Federal Government or any branch, bureau or agency thereof, or […]

NRS 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.

1. The State Public Works Division of the Department of Administration shall determine those companies that satisfy the requirements of qualified service companies for the purposes of this chapter. In making such a determination, the State Public Works Division of the Department of Administration shall enlist the assistance of the staffs of the Office of […]

NRS 333A.082 – Notification to qualified service companies; selection of qualified service company; financial-grade audit required.

1. The Purchasing Division of the Department of Administration shall work directly with any using agency interested in entering into a performance contract, using the list of qualified service companies compiled by the State Public Works Division of the Department of Administration pursuant to NRS 333A.080. The Purchasing Division, in conjunction with the using agency, […]

NRS 333A.084 – Requirements for comprehensive audits.

1. Each comprehensive audit performed pursuant to paragraph (b) of subsection 1 of NRS 333A.082 must include, without limitation: (a) An assessment of any operating cost-savings measure that might be implemented within the building of the using agency, including, without limitation, any operating cost-savings measure specifically requested by the using agency; (b) An estimate of […]

NRS 333A.086 – Third-party consultants.

1. A using agency that selects a qualified service company pursuant to NRS 333A.082 shall retain the professional services of a third-party consultant to work on behalf of the using agency in coordination with the qualified service company. 2. A third-party consultant retained pursuant to subsection 1 must be certified by the Association of Energy […]

NRS 333A.090 – Financing and structure of performance contract; minimum annual operating cost savings from performance contract; change orders.

1. Any financing related to a performance contract must be approved by the Board. 2. A performance contract may be financed through: (a) A person other than the qualified service company. (b) An installment-purchase contract or lease-purchase contract. Such an installment-purchase contract or lease-purchase contract is not subject to: (1) The provisions of NRS 353.500 […]