Nevada Administrative Code
Chapter 445A - Water Controls
ACCOUNT FOR THE REVOLVING FUND AND ACCOUNT FOR SET-ASIDE PROGRAMS
Filing, Review and Approval of Applications for Financial Assistance
Section 445A.676142 - Use of value engineering; submission of water project for peer review
Universal Citation: NV Admin Code 445A.676142
Current through September 16, 2024
1. An applicant shall conduct value engineering if the total estimated cost of constructing the water project is more than $10,000,000. Any recommendations derived from the value engineering must be carried out to the extent feasible.
2. If the Division determines that a water project is especially complex, the Division shall require the applicant to submit the project for peer review.
3. As used in this section:
(a) "Peer review" means a cursory review of
the work of the design engineer for a water project, conducted by a person with
equal competence and expertise in that discipline who is retained by the
applicant specifically to provide suggestions or comments which may enhance the
performance of the water project or aid in the operation and maintenance of the
water project; and
(b) "Value
engineering" means a specialized technique for controlling costs which uses a
systematic and creative approach to identify and focus on any unnecessary cost
to reduce the cost of a water project without affecting the reliability or
efficiency of the water project.
Added to NAC by Bd. of Health by R067-98, eff. 7-23-98; A by Environmental Comm'n by R099-14, 10-24-2014 - Substituted in revision for NAC 445A.67631
NRS 445A.270
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
