NRS 333.350 - Contracts for separate items or portions or groups of items or for portions or groups of portions of project; rejection of all bids or proposals; necessary open market purchases; withdrawal of bid or proposal; records of bids and proposals.

NV Rev Stat § 333.350 (2019) (N/A)

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1. A contract may be awarded for separate items or portions or groups of items, or for separate portions or groups of portions of a project, as the best interest of the State requires.

2. If, in the judgment of the Administrator, no satisfactory:

(a) Bid has been received, the Administrator may reject all bids and shall promptly advertise for new bids as provided in this chapter. Until a satisfactory contract is awarded, the Administrator may make as many open market purchases of the commodities involved as are urgently needed to meet the requirements.

(b) Proposal has been received, the Administrator may reject all proposals and may advertise for new proposals as provided in this chapter.

3. The Administrator may allow a person to withdraw his or her bid or proposal without penalty if:

(a) The Administrator believes that an obvious error has been made by the person which would cause him or her financial hardship; and

(b) The contract has not yet been awarded.

4. Each bid or proposal and the name of the person making the bid or proposal must be entered on a record. The record, with the name of the successful bidder or proposer indicated thereon, must, after the award of the contract, be open to public inspection.

[24:333:1951] — (NRS A 1963, 1057; 1985, 44; 1991, 622)

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NRS 333.340 - Award of contract or order for goods: Determination of lowest responsible bidder; written statement to be provided if contract or order is not awarded to lowest bidder. [Effective July 1, 2021.]

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NRS 333.355 - Administrator of Purchasing Division may request check or bond to accompany bid or proposal.