NRS 338.510 – Submittal of progress bills.
A contractor shall submit a progress bill to the public body monthly or more frequently if the provisions of the contract so provide. (Added to NRS by 1999, 1984)
NRS 338.515 – Time for making payments; amounts paid; amounts withheld as retainage; rate of interest paid on amounts withheld; powers of Labor Commissioner when worker is owed wages.
1. Except as otherwise provided in NRS 338.525, a public body and its officers or agents awarding a contract for a public work shall pay or cause to be paid to a contractor the progress payments due under the contract within 30 days after the date the public body receives the progress bill or within […]
NRS 338.520 – Payment of outstanding balance upon occupancy, use or recording of notice of completion.
Except with respect to any payment withheld pursuant to NRS 338.525, if: 1. A public body or a person acting with the authority of the public body occupies or begins use of a public work or a portion of a public work; 2. A notice of completion for a public work or a portion of […]
NRS 338.525 – Withholding amounts for failure of contractor to comply with contract or applicable building code, law or regulation; payment of amounts withheld upon confirmation of correction of condition.
1. Except as otherwise provided in NRS 338.515, a public body may, but is not required to, withhold from a progress payment or retainage payment an amount sufficient to pay the expenses the public body reasonably expects to incur as a result of the failure of the contractor to comply with the contract or applicable […]
NRS 338.530 – Payment of interest on amounts withheld improperly.
1. If a public body receives: (a) A progress bill or retainage bill, fails to give a contractor a written notice of any withholding in the manner set forth in subsection 2 of NRS 338.525, and does not pay the contractor within 30 days after receiving the progress bill or retainage bill; or (b) A […]
NRS 338.535 – Public body to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers.
Within 5 working days after a public body receives a written request from a subcontractor or supplier of the contractor with respect to a contract which has not been fully performed, the public body shall notify the subcontractor or supplier in writing of the following: 1. The date the public body made a specified progress […]