Current through November 25, 2024
Section 408.371 - Costs of operation, minor maintenance and depreciation of equipment; rental of equipment1. The average or actual costs of operation, minor maintenance and depreciation of equipment owned by the utility are reimbursable. If equipment which is owned by the utility is not available, the utility is entitled to receive reimbursement for the money paid to rent the equipment from the lowest qualified bidder or to obtain the equipment pursuant to existing continuing contracts at reasonable rates.2. If the rental of equipment by competitive bidding or pursuant to a continuing contract is impractical because of the location or schedule of the project, the utility may obtain the rental equipment without bidding or a continuing contract if the money paid for the rental of the equipment does not exceed the prevailing rates for that rental equipment in the area.Nev. Admin. Code § 408.371
Added to NAC by Dep't of Transportation, eff. 1-6-95