AB74A

Nevada AB74A revises agreements for public bodies, focusing on public-private partnerships and construction work.

Nevada AB74A amends existing law to authorize the Board of Regents to enter into agreements with public or private entities to enhance educational programs or student life. It mandates that such agreements include provisions for public bidding and prevailing wage requirements for construction work. The bill also authorizes public bodies to enter into public-private partnerships for various facility-related activities, including planning, financing, and operation. It defines key terms such as "concession," "facility," and "public-private partnership." The act becomes effective on July 1, 2023.