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Current as of January 01, 2025 | Updated by Findlaw Staff
1. For the purpose of awarding a contract for a public work of this State for which the estimated cost is $100,000 or less, as governed by NRS 338.13862, if a local business owned and operated by a veteran with a service-connected disability submits a bid, the bid shall be deemed to be 5 percent lower than the bid actually submitted.
2. For the purpose of awarding a contract for a public work of this State for which the estimated cost is more than $100,000 but less than $250,000, if a local business owned and operated by a veteran with a service-connected disability that has been determined to be 50 percent or more by the United States Department of Veterans Affairs submits a bid and is a responsive and responsible bidder, the bid shall be deemed to be 5 percent lower than the bid actually submitted.
3. The preferences described in subsections 1 and 2 may not be combined with any other preference.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 28. Public Works and Planning § 338.13844. Amount of preferences - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-28-public-works-and-planning/nv-rev-st-338-13844/
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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