332.410 - Reinvestment of savings realized under contract. - Nevada Statutes

332.410  Reinvestment of savings realized under contract.  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)