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Nevada Revised Statutes Title 35. Highways; Roads; Bridges; Parks § 408.389. Approval of Board of Directors required for purchase of certain equipment; analysis of costs and benefits of purchase and alternatives

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Except as otherwise provided in subsection 2, the Department shall not purchase any equipment which exceeds $50,000, unless the purchase is first approved by the Board.

2. Before the Board may approve the purchase of any mobile equipment which exceeds $50,000, the Department shall:

(a) Prepare and present to the Board an analysis of the costs and benefits, including, without limitation, all related personnel costs, that are associated with:

(1) Purchasing, operating and maintaining the same item of equipment;

(2) Leasing, operating and maintaining the same item of mobile equipment; or

(3) Contracting for the performance of the work which would have been performed using the mobile equipment; and

(b) Justify the need for the purchase based on that analysis.

3. The Board shall not:

(a) Delegate to the Director its authority to approve purchases of equipment pursuant to subsection 1; or

(b) Approve any purchase of mobile equipment which exceeds $50,000 and for which the Department is unable to provide justification pursuant to subsection 2.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 35. Highways; Roads; Bridges; Parks § 408.389. Approval of Board of Directors required for purchase of certain equipment; analysis of costs and benefits of purchase and alternatives - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-35-highways-roads-bridges-parks/nv-rev-st-408-389/

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