Concession defined.
Nev. Rev. Stat. § 338.1581
in effectConcession means any lease, ground lease, franchise, easement, permit, right of entry, operating agreement or other binding agreement transferring rights for the use or control, in whole or in part, of a transportation facility by a public body to a private partner.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-338.htmlFetched: 6/28/2026
