NRS408.389. Approval of Board of Directors required for purchase of certain equipment; analysis of costs and benefits of purchase and alternatives.

      1.  Except as otherwise provided in subsection 2, the Department shall not purchase any equipment which exceeds $50,000, unless the purchase is first approved by the Board.

      2.  Before the Board may approve the purchase of any mobile equipment which exceeds $50,000, the Department shall:

      (a) Prepare and present to the Board an analysis of the costs and benefits, including, without limitation, all related personnel costs, that are associated with:

             (1) Purchasing, operating and maintaining the same item of equipment;

             (2) Leasing, operating and maintaining the same item of mobile equipment; or

             (3) Contracting for the performance of the work which would have been performed using the mobile equipment; and

      (b) Justify the need for the purchase based on that analysis.

      3.  The Board shall not:

      (a) Delegate to the Director its authority to approve purchases of equipment pursuant to subsection 1; or

      (b) Approve any purchase of mobile equipment which exceeds $50,000 and for which the Department is unable to provide justification pursuant to subsection 2.

      (Added to NRS by 1991, 1904; A 1993, 1366; 2011, 1628)