NRS 338.1587 Public-private partnership: Authority to enter; authorized provisions.
172 words·~1 min read·
/nv/chapter-338-public-works/338-1587A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 338.1587 Public-private partnership: Authority to enter; authorized provisions.
1. A public body may enter into a public-private partnership to plan, finance, design, construct, improve, maintain, operate or acquire the rights-of-way for, or any combination thereof, a transportation facility.
2. A public-private partnership may include, without limitation:
(a)A predevelopment agreement leading to another implementing agreement for a transportation facility as described in this subsection;
(b)A design-build contract;
(c)A design-build contract that includes the financing, maintenance or operation, or any combination thereof, of the transportation facility;
(d)A contract involving a construction manager at risk;
(e)A concession, including, without limitation, a toll concession and an availability payment concession;
(f)A construction agreement that includes the financing, maintenance or operation, or any combination thereof, of the transportation facility;
(g)An operation and maintenance agreement for a transportation facility;
(h)Any other method or agreement for completion of the transportation facility that the public body determines will serve the public interest; or
(i)Any combination of paragraphs
(a)to (h), inclusive.