NRS 338.1587 - Public-private partnership: Authority to enter; authorized provisions.

NV Rev Stat § 338.1587 (2019) (N/A)

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1. A public body may enter into a public-private partnership to plan, finance, design, construct, improve, maintain, operate or acquire the rights-of-way for, or any combination thereof, a transportation facility.

2. A public-private partnership may include, without limitation:

(a) A predevelopment agreement leading to another implementing agreement for a transportation facility as described in this subsection;

(b) A design-build contract;

(c) A design-build contract that includes the financing, maintenance or operation, or any combination thereof, of the transportation facility;

(d) A contract involving a construction manager at risk;

(e) A concession, including, without limitation, a toll concession and an availability payment concession;

(f) A construction agreement that includes the financing, maintenance or operation, or any combination thereof, of the transportation facility;

(g) An operation and maintenance agreement for a transportation facility;

(h) Any other method or agreement for completion of the transportation facility that the public body determines will serve the public interest; or

(i) Any combination of paragraphs (a) to (h), inclusive.

(Added to NRS by 2017, 3198)

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NRS 338.1586 - Applicability.

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NRS 338.1588 - Public-private partnership: Methods of procurement; information required to be provided by public body for certain procurements; relative weight of factors in evaluation of proposals; exemption from public bidding or procurement procedures; expenditure of money; sale, lease, grant, transfer or conveyance of facility or property or interest therein to public body.