Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE27 PUBLIC PROPERTY AND PURCHASING |
CHAPTER333. Purchasing: State |
PROCEDURES FOR STATE PURCHASING |
NRS333.355. Administrator of Purchasing Division may request check or bond to accompany bid or proposal.
Latest version.
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1. The Administrator may request that a certified check, cashier’s check or bond, in an amount not to exceed 5 percent of the total value of the bid or proposal, accompany a bid or proposal, if the request applies to each person who submits a 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.
(Added to NRS by 1991, 619)