NRS 333A.0916 – Conditions for refunding obligations.
1. An obligation may not be refunded pursuant to NRS 333A.0906 to 333A.0916, inclusive, unless the holder of the obligation voluntarily surrenders the obligation for exchange or payment, or unless the obligation matures or is callable for prior redemption under its terms within 25 years after the date of issuance of the refunding obligations. Provision […]
NRS 333A.0918 – Conclusive determination of using agency that statutory limitations have been met.
The determination of the using agency that the limitations imposed upon the issuance of obligations pursuant to this chapter, including, without limitation, any obligations for funding or refunding obligations, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion regardless of whether the authorizing resolution or the […]
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.075 – Authority of using agency to enter into performance contract; purpose of performance contract; compliance with applicable building codes.
1. Notwithstanding any provision of this chapter, chapter 333 and 338 of NRS to the contrary, a using agency may enter into a performance contract with a qualified service company for the purchase and installation of one or more operating cost-savings measures to reduce costs related to energy, water and the disposal of waste, and […]
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 […]
NRS 333A.0902 – Installment-purchase and lease-purchase contracts: Security interests; certificates of participation; lease of property; other agreements, contracts or arrangements.
In connection with any installment-purchase contract or lease-purchase contract entered into to finance a performance contract, the Board may: 1. Grant a security interest in any property that is the subject of the installment-purchase contract or lease-purchase contract and execute an instrument to evidence such a security interest, including, without limitation, a deed of trust, […]