NAC704.778. Statement of economic feasibility.

The statement of economic feasibility must include or be accompanied by:

     1. A detailed statement of the estimated cost of constructing the proposed system, the estimated annual fixed and operating costs of the system, and supporting statements or exhibits showing that the proposed system and its construction are economically feasible.

     2. A statement or exhibit showing the applicant’s financial ability to render the proposed service, and information regarding the manner in which the applicant proposes to finance the construction and operation of the proposed system. This requirement may be met by a copy of the applicant’s most recent balance sheet and statement of income.

     3. A statement or exhibit showing the applicant’s managerial and technical qualifications to render the proposed service.

     4. A statement identifying any federal, state, or local franchise, any water, health, or safety permit, and any permit for construction and operation, which the applicant must obtain before operating the proposed system. This statement must also describe the status of the applicant’s efforts to obtain any such required franchise or permit.

     (Added to NAC by Pub. Service Comm’n, eff. 12-16-82)