Use of savings realized throughout term of contract.
Nev. Rev. Stat. § 332.410
in effectA local government may use any savings realized throughout the term of a performance contract to:
1. Make any payments required under the performance contract, including, without limitation, the payment of finance charges; and
2. Reinvest into other operating cost-savings measures provided the local government:
(a) Is satisfying all its other obligations under the performance contract; and
(b) Complies with the requirements of NRS 332.300 to 332.440 , inclusive, when reinvesting the savings into other operating cost-savings measures.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-332.htmlFetched: 10/4/2026
