NRS 333A.130
Monitoring of cost savings attributable to operating cost-savings measures.

1.

During the term of a performance contract, the qualified service company shall monitor the reductions in energy or water consumption and other operating cost savings attributable to the operating cost-savings measure purchased or installed under the performance contract, and shall prepare and provide a report to the using agency documenting the performance of the operating cost-savings measures:

(a)

At the time that the work required by the performance contract is completed and 1 year after that work is completed; or

(b)

At such other intervals as specified in the performance contract.

2.

A qualified service company and the using agency may agree to make modifications in the calculation of savings based on:

(a)

Subsequent material changes to the baseline consumption of energy or water identified at the beginning of the term of the performance contract.

(b)

A change in utility rates.

(c)

A change in the number of days in the billing cycle of a utility.

(d)

A change in the total square footage of the building.

(e)

A change in the operational schedule, and any corresponding change in the occupancy and indoor temperature, of the building.

(f)

A material change in the weather.

(g)

A material change in the amount of equipment or lighting used at the building.

(h)

Any other change which reasonably would be expected to modify the use of energy or the cost of energy.

Source: Section 333A.130 — Monitoring of cost savings attributable to operating cost-savings measures., https://www.­leg.­state.­nv.­us/NRS/NRS-333A.­html#NRS333ASec130.

333A.010
Definitions. 333A.015
“Board” defined. 333A.020
“Building” defined. 333A.030
“Operating cost savings” defined. 333A.040
“Operating cost-savings measure” defined. 333A.050
“Performance contract” defined. 333A.060
“Qualified service company” defined. 333A.070
“Using agency” defined. 333A.075
Authority of using agency to enter into performance contract 333A.080
Procedure for determination of qualified service companies by State Public Works Division 333A.082
Notification to qualified service companies 333A.084
Requirements for comprehensive audits. 333A.086
Third-party consultants. 333A.090
Financing and structure of performance contract 333A.091
Proceeds of refunding obligations in escrow or trust: Investment 333A.092
Recital in resolution as conclusive evidence of validity of obligation. 333A.100
Indebtedness of State under contract 333A.110
Period over which payments become due. 333A.120
Prevailing wage requirement. 333A.130
Monitoring of cost savings attributable to operating cost-savings measures. 333A.140
Information concerning performance contract provided to Office of Energy. 333A.150
Financial mechanisms to guarantee operational cost savings are realized. 333A.0902
Installment-purchase and lease-purchase contracts: Security interests 333A.0904
Installment-purchase and lease-purchase contracts: Property that is subject of contract is exempt from ad valorem property taxation under certain circumstances and is to be deemed property of State or using agency for purposes of statutory limits on damages. 333A.0906
Refunding of obligations: Resolution 333A.0908
Refunding of obligations: Disposition of proceeds 333A.0912
Issuance of refunding and other obligations separately or in combination. 333A.0914
Other statutory provisions applicable to refunding obligations. 333A.0916
Conditions for refunding obligations. 333A.0918
Conclusive determination of using agency that statutory limitations have been met.
Last Updated

Feb. 5, 2021

§ 333A.130’s source at nv​.us