Nev. Rev. Stat. § 333.360

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 333.360 - Performance bonds; Administrator of Purchasing Division may require check or bond before entering into contract
1. A bond furnished by a surety company authorized to do business in this state may be required by the Administrator for the proper performance of the contract. The Administrator may request a certified check, cashier's check or bond, in an amount not to exceed the total amount of the contract, before entering into a contract with a person who submits a successful bid or proposal.
2. No division or department of the State is liable for any expense incurred by or loss of income sustained by any person because of a request made pursuant to subsection 1.

NRS 333.360

[25:333:1951]-(NRS A 1963, 1058; 1991, 623)
[25:333:1951] - (NRS A 1963, 1058; 1991, 623)