Nevada Revised Statutes 408.225 – Powers of Director: Purchase and rental of and contracts for equipment, supplies and services
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Except as otherwise provided in NRS 408.323 and 226.700 to 226.832, inclusive, the Director, with the approval of the Board, may rent, lease, purchase and contract for all equipment, materials, supplies, vehicles, road machinery, tools, implements and technical services required for the purpose of this chapter. Such equipment, supplies and services must be managed and used under the control of the Director.
Terms Used In Nevada Revised Statutes 408.225
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC