Nevada Administrative Code
Chapter 408 - Highways, Roads and Transportation Facilities
INSTALLATION AND RELOCATION OF FACILITIES AND ENCROACHMENTS
Reimbursement for Costs of Relocating Facilities
Section 408.377 - Allowance credits for betterments to facility

1. The cost of any voluntary betterment to a facility which is replaced or adjusted and the net salvage value of any materials recovered must be credited to the project.

2. The accrued depreciation of the replacement of a utility's facility including a building, pumping station, filtration plant, power plant, substation or any other similar operational unit, must be credited to the project. Credit for accrued depreciation is not required for the replacement of a part of a utility's service, distribution or transmission lines.

3. Credit for a betterment is not required for an addition or improvement which:

4. Credit for accrued depreciation for a project is not required for an operational unit of a utility, including a building, pumping station, filtration plant, power plant and substation, which is rehabilitated or moved to accommodate a project.

5. The allowance of credits required by the provisions of this section may not exceed the cost of the additions or improvements required by the project.

6. As used in this section, "accrued depreciation" means an amount equal to the ratio between the actual length of service and the total life expectancy applied to the original cost of the operational unit.