NAC408.329. Determination of cost of relocation.  


Latest version.
  •      1. The method used to determine the cost of relocation must:

         (a) Be approved by the Department; and

         (b) Ensure accurate and complete billings of the reimbursable costs of relocation.

         2. If the estimated reimbursable cost of relocation is:

         (a) Not more than $100,000, the Department and the utility may enter into an agreement for a payment in a lump sum upon the completion of the work without a verification of the cost by an audit; or

         (b) More than $100,000, the cost of relocation must, if possible, be determined on the basis of direct costs and related indirect costs accumulated in accordance with an accounting system for work orders prescribed by the federal or state agency which regulates the utility.

         3. If an accounting system for work orders is not prescribed by a federal or state agency, the Department will review the accounting system of the utility and, if necessary, assist the utility in establishing an accounting system for work orders.

     (Added to NAC by Dep’t of Transportation, eff. 1-6-95; A by R135-98, 10-3-2000)