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Current as of January 01, 2025 | Updated by Findlaw Staff
“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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 27. Public Property and Purchasing § 332.320. “Operating cost savings” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-27-public-property-and-purchasing/nv-rev-st-332-320/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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