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Code · Nevada · CHAPTER 332 - PURCHASING: LOCAL GOVERNMENTS

NRS 332.431 Duty of local governments to report to Legislature.

120 words·~1 min read·/nv/chapter-332-purchasing-local-governments/332-431·

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NRS 332.431 Duty of local governments to report to Legislature.
1. Each local government that enters into a performance contract pursuant to NRS 332.300 to 332.440 , inclusive, shall, on or before February 1 of each year, prepare and submit a report to the Director of the Legislative Counsel Bureau for transmittal to the Legislature.
2. The report required pursuant to subsection 1 must include, without limitation:
(a)The status of the construction and financing of the operating cost-savings measures described in the performance contract.
(b)The cumulative amount of operating cost-savings that have resulted from the operating cost-savings measures.
(c)The amount of operating cost-savings that are projected for the future.
(d)Any other information required by the Legislature.
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