Nevada Revised Statutes 338.1583 – ‘Public-private partnership’ defined
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‘Public-private partnership‘ means a contract entered into by a public body and a private partner.
Terms Used In Nevada Revised Statutes 338.1583
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Public body: means the State, county, city, town, school district or any public agency of this State or its political subdivisions sponsoring or financing a public work. See Nevada Revised Statutes 338.010