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Current as of January 01, 2025 | Updated by Findlaw Staff
1. Except as otherwise provided by specific statute, if the estimated annual amount required to perform a contract is more than $50,000 but not more than $100,000, the governing body or its authorized representative:
(a) Shall solicit responses from two or more persons capable of performing the contract, if such persons are available; and
(b) May advertise the contract in the manner prescribed in NRS 332.045.
2. The governing body or its authorized representative shall award such a contract on the basis of price, taking into account the minimum requirements of a responding offeror prescribed in the solicitation pursuant to NRS 332.043 and the method prescribed in that solicitation for awarding the contract.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 27. Public Property and Purchasing § 332.063. Contracts for which estimated annual amount required to perform is more than $50,000 but not more than $100,000: Solicitation of responses; permissive advertisement; award - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-27-public-property-and-purchasing/nv-rev-st-332-063/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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