Nevada § 332.370 - Financing and structure of performance contract
Full text of Nevada Nevada Revised Statutes § 332.370 — Financing and structure of performance contract, with citation guidance and answers to common questions.
§ 332.370. Financing and structure of performance contract
1. A performance contract may be financed through a person other than the qualified
service company. 2. A performance contract must be structured to guarantee operating cost savings,
which includes, without limitation, the design and installation of equipment, the
operation and maintenance, if applicable, of any of the operating cost-savings measures
and the guaranteed annual savings which must meet or exceed the total annual contract
payments to be made by the local government, including any financing charges to be
incurred by the local government over the life of the performance contract. The local government may require that these savings be verified annually or over
a sufficient period that demonstrates savings.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 332.370
What does Nevada Revised Statutes § 332.370 cover?
Section 332.370 ("Financing and structure of performance contract") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 332.370?
A common citation format is "Nevada Revised Statutes § 332.370" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 332.370 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.