NRS 408.387 - Contract: Publication of notice of final acceptance; final settlement.

NV Rev Stat § 408.387 (2019) (N/A)

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1. Before making final payment on any contract as provided in this chapter the Director shall cause the publication of a notice of the date of final acceptance of the contract for a period of at least 2 weeks in every issue of a newspaper of general circulation in the county wherein the major portion of the contract work was performed, and such notice may also be published each day for a period of at least 10 days in one or more daily newspapers of general circulation throughout the State.

2. No final settlement of the contract may be made with the contractor until 30 days after the date of such final acceptance of the contract.

(Added to NRS by 1957, 687; A 1963, 977; 1969, 891; 1979, 1776)

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NRS 408.383 - Contractor: Partial payments; percentage retained; final inspections; substitution of certain obligations for retained payments; period for dispersal of money by contractor to subcontractors; rate of interest on delinquent dispersal; procedure for resolution of dispute over dispersal.

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NRS 408.3872 - “Disadvantaged business enterprise” defined. [Expires by limitation on the earlier of September 30, 2023, or the date 90 days after the date on which the Director of the Department of Transportation transmits to the Governor and the Director of the Legislative Counsel Bureau the statement and report required by subsection 3 of NRS 408.38726.]