332.410 - Reinvestment of savings realized under contract.
332.410 Reinvestment of savings realized under contract. A local government may reinvest any savings realized under a performance contract whenever practical into other operating cost-savings measures provided the local government:
1. Is satisfying all its other obligations under the performance contract; and
2. Complies with the requirements of NRS 332.300 to 332.440, inclusive, when reinvesting the savings into other operating cost-savings measures.
(Added to NRS by 2003, 3053; A 2009, 969)