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NRS 333.355

Administrator of Purchasing Division may request check or bond to accompany bid or proposal

Known as the State Purchasing Act

The act spans §§ 333–333 (94 sections).

(Added to NRS by 1991, 619)

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.