"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, 3054)
Structure Nevada Revised Statutes
Chapter 333A - Purchasing: State Performance Contracts for Operating Cost-Savings Measures
NRS 333A.005 - Legislative declaration.
NRS 333A.015 - "Board" defined.
NRS 333A.020 - Building" defined.
NRS 333A.030 - Operating cost savings" defined.
NRS 333A.040 - Operating cost-savings measure" defined.
NRS 333A.050 - Performance contract" defined.
NRS 333A.060 - Qualified service company" defined.
NRS 333A.070 - "Using agency" defined.
NRS 333A.084 - Requirements for comprehensive audits.
NRS 333A.086 - Third-party consultants.
NRS 333A.0906 - Refunding of obligations: Resolution; purposes.
NRS 333A.0912 - Issuance of refunding and other obligations separately or in combination.
NRS 333A.0914 - Other statutory provisions applicable to refunding obligations.
NRS 333A.0916 - Conditions for refunding obligations.
NRS 333A.0918 - Conclusive determination of using agency that statutory limitations have been met.
NRS 333A.092 - Recital in resolution as conclusive evidence of validity of obligation.
NRS 333A.100 - Indebtedness of State under contract; term of contracts.
NRS 333A.110 - Period over which payments become due.
NRS 333A.120 - Prevailing wage requirement.
NRS 333A.130 - Monitoring of cost savings attributable to operating cost-savings measures.
NRS 333A.140 - Information concerning performance contract provided to Office of Energy.
NRS 333A.150 - Financial mechanisms to guarantee operational cost savings are realized.