332.390 - Prevailing wage requirement; duty of qualified service company to furnish bonds before entering into certain performance contracts. - Nevada Statutes

332.390  Prevailing wage requirement; duty of qualified service company to furnish bonds before entering into certain performance contracts.

      1.  If a performance contract entered into pursuant to NRS 332.300 to 332.440, inclusive, requires the employment of skilled mechanics, skilled workers, semiskilled mechanics, semiskilled workers or unskilled labor to perform the performance contract, the performance contract must include a provision relating to the prevailing wage as required pursuant to NRS 338.020 to 338.090, inclusive.

      2.  Before a qualified service company enters into a performance contract pursuant to NRS 332.300 to 332.440, inclusive, that exceeds $100,000, the qualified service company must furnish to the contracting body any bonds required pursuant to NRS 339.025. The provisions of chapter 339 of NRS apply to any performance contract described in this subsection.

      (Added to NRS by 2003, 3053; A 2009, 969)