Nevada § 333.360 Performance bonds; Administrator of Purchasing Division may require check or bond before entering into contract

Nevada Statutes

§ 333.360 — Performance bonds; Administrator of Purchasing Division may require check or bond before entering into contract

Nevada § 333.360

Title 27PUBLIC PROPERTY AND PURCHASING

Ch. 333Purchasing:

PROCEDURES FOR STATE PURCHASING

This text of Nevada § 333.360 (Performance bonds; Administrator of Purchasing Division may require check or bond before entering into contract) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 333.360 (2026).

Text

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.

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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.