NRS338.570. Contractor to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers.

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Within 5 working days after a contractor receives a written request from a subcontractor or supplier of his or her subcontractor or supplier with respect to a subcontract which has not been fully performed, the contractor shall notify the subcontractor or supplier of his or her subcontractor or supplier in writing of the following:

      1. The date the contractor made a specified progress payment or retainage payment to his or her subcontractor or supplier;

      2. Whether the contractor has paid the entire amount of a specified progress payment or retainage payment to his or her subcontractor or supplier; and

      3. The amount withheld by the contractor from a specified progress payment or retainage payment to his or her subcontractor or supplier, if any.

(Added to NRS by 1999, 1987)

                    
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