Nevada Administrative Code
Chapter 439A - Planning for the Provision of Health Care
APPROVAL OF PROJECTS
Requirements Regarding Proposed Projects
Section 439A.295 - Determining when capital expenditure is incurred by or on behalf of health facility
Universal Citation: NV Admin Code 439A.295
Current through December 31, 2024
1. A capital expenditure is incurred by or on behalf of a health facility:
(a) When a contract, enforceable under state law, is entered into by or on behalf of the health facility for the construction, acquisition, lease or financing of a capital asset;
(b) When the governing board of the health facility takes formal action to commit money for a construction project undertaken by the health facility as its own contractor; or
(c) In the case of donated property, on the date on which the gift is completed under applicable state law.
2. An obligation for a capital expenditure which is contingent upon issuance of a letter of approval is not considered incurred until the letter of approval is issued.
3. A capital expenditure is incurred by or on behalf of a health facility if the capital expenditure:
(a) Is required for providing health services in or through the facility;
(b) Is required for new construction; or
(c) Will provide a direct benefit to the facility substantially related to the health services to be offered in or through the facility.
Added to NAC by Dep't of Human Resources, eff. 9-4-84; A 3-6-86; 10-14-97
NRS 439A.081, 439A.100
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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