Nevada § 408.55025 - In-kind compensation: Types; valuation by Department
Full text of Nevada Nevada Revised Statutes § 408.55025 — In-kind compensation: Types; valuation by Department, with citation guidance and answers to common questions.
§ 408.55025. In-kind compensation: Types; valuation by Department
1. In-kind compensation paid to the Department under an agreement entered into pursuant
to NRS 408.5502 or 408.55024 may include, without limitation: (a) Conduit or excess conduit; (b) Innerduct; (c) Dark fiber; (d) Access points; (e) Telecommunications equipment or services; (f) Bandwidth; and (g) Other telecommunications facilities. 2. The Department shall value any in-kind compensation as follows: (a) Electronic equipment, conduit, fiber and other telecommunications hardware and
software must be valued on a present value basis at the estimated, reasonable cost
to the telecommunications provider for procuring and installing such hardware and
software. (b) Excess conduit, fiber and other related facilities must be valued on a present
value basis of the estimated, reasonable cost to the Department for procuring and
installing such facilities. (c) The present value of the estimated, reasonable cost to the telecommunications
provider of joint trenching for placing conduit, excess conduit, fiber and other related
facilities for the provider and the Department must be proportionately allocated to
the Department as a component of the present value of the trenching. The proportion allocated to the Department pursuant to this paragraph must equal
the total estimated, reasonable cost of the trenching work multiplied by a fraction. The numerator of the fraction must equal the amount of conduit, excess conduit or
innerduct space contributed to the Department under the agreement entered into pursuant
to NRS 408.5502 or 408.55024 . The denominator of the fraction must equal the total amount of conduit space that
the telecommunications provider is authorized to install under the agreement entered
into pursuant to NRS 408.5502 or 408.55024 . In measuring conduit space, single-duct conduit must be measured using the planned
diameter of the conduit, and multi-duct conduit must be measured by adding the planned
diameters of each innerduct in the conduit. (d) The present value of the estimated, reasonable cost to a telecommunications provider
for providing any other telecommunications facility which is shared jointly by the
provider and the Department must be proportionately allocated to the Department as
a component of the present value of the in-kind compensation. The Department shall determine the proportion to be allocated to the Department
pursuant to this paragraph based on the percentage of use or benefit to which each
party is entitled under the agreement entered into pursuant to NRS 408.5502 or 408.55024 . (e) The Department shall determine the present value of warranties of equipment, conduit,
fiber or other components and software, maintenance covenants and operating covenants,
based on the reasonable, estimated cost of purchasing such warranties and covenants
from manufacturers or other third parties. (f) The total present value of the in-kind compensation is the sum of the present
values determined in paragraphs (a) to (e), inclusive. 3. In determining the value of any in-kind compensation, the Department shall consider
any valuation or cost information provided by the telecommunications provider.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 408.55025
What does Nevada Revised Statutes § 408.55025 cover?
Section 408.55025 ("In-kind compensation: Types; valuation by Department") 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 § 408.55025?
A common citation format is "Nevada Revised Statutes § 408.55025" (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 § 408.55025 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.