Nevada Statutes

§ 338.1697 — Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price

Nevada § 338.1697

JurisdictionNevada

Title 28PUBLIC WORKS AND PLANNING

Ch. 338Public

CONTRACTS INVOLVING CONSTRUCTION MANAGERS AT RISK

This text of Nevada § 338.1697 (Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price) 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. § 338.1697 (2026).

Text

A contract entered into pursuant to NRS 338.1696 that is for a guaranteed maximum price may include a provision that authorizes the construction manager at risk to receive all or part of any difference between the guaranteed maximum price set forth in the contract and the actual price of construction of the public work, if the actual price is less than the guaranteed maximum price.

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Related

Nevada § 338.1696

Legislative History

(Added to NRS by 2007, 2894 ; R 2013, 2986 ; R 2017, 4035 ; A 2021, 736 , 2218 )

Nearby Sections

15

§ 338.010

§ 338.011

Applicability: Contracts related to normal operation and normal maintenance; contracts related to emergency

§ 338.0115

Inapplicability of this chapter and chapters 332 and 339 of NRS to certain projects constructed by private developers

§ 338.01155

Legislative findings and declarations: Payment of prevailing wages

§ 338.0116

Legislative findings and declarations

§ 338.01165

Requirements relating to use of apprentices on public works; documentation of compliance; annual report; penalties; apprenticeship agreement; regulations

§ 338.0117

Qualification to receive preference in bidding: Submission of affidavit to public body certifying compliance with requirements; provisions required to be included in contract; written objections for failure to comply with requirements; penalty; annual report to Legislative Commission by public body concerning such contracts

§ 338.0118

Adoption by local government of policies providing for use of certain recycled materials in public road and highway projects; use of such materials; exception

§ 338.012

Regulations of Labor Commissioner

§ 338.013

Inclusion of identifying number from Labor Commissioner in advertisement or solicitation and bids and other responsive documents; reports by public bodies and contractors to Labor Commissioner

§ 338.015

Enforcement by Labor Commissioner and Attorney General

§ 338.016

Civil action against contractor after imposition of administrative penalty to recover damages resulting from commission of offense; rebuttable presumption; costs and attorney’s fees

§ 338.017

Temporary prohibition or disqualification of contractor from award of contract after imposition of administrative penalty or debarment by Federal Government; notification of State Contractors’ Board

§ 338.018

Applicability to certain contracts for construction work of Nevada System of Higher Education

§ 338.020

Hourly and daily rate of wages must not be less than prevailing wage in region; rate must be included in contract and posted on-site; payment of overtime; wages paid in accordance with jurisdictional classes recognized in region

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Bluebook (online)

Nevada § 338.1697, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/338.1697.