NAC445A.773. Provision of financial assistance to help offset costs.

     1. A fixed amount of financial assistance may be provided to a recipient to help offset costs for planning, design and construction inspection, engineering and management. As used in this subsection, “engineering” means consultation, investigation, the preparation of reports or other services for a project within the scope of the practice of architecture or professional engineering as defined by the law of this State.

     2. The recipient may request payment of the entire fixed amount for planning and design as soon as the agreement for financial assistance is signed and money is available.

     3. Financial assistance may also be provided for:

     (a) The allowable costs of the construction contract;

     (b) The allowable costs of land;

     (c) A contingency fund; and

     (d) The cost of preparing an environmental impact statement if one is required.

     (Added to NAC by Environmental Comm’n, eff. 9-19-90; A by R115-10, 1-13-2011)—(Substituted in revision for NAC 445.42143)