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

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.

Source: Section 338.1697 — Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price., https://www.leg.state.nv.us/NRS/NRS-338.html#NRS338Sec1697.

338.169
Public body authorized to construct public work by selecting and entering into contracts with construction manager at risk 338.1685
Declaration of legislative intent. 338.1691
Qualifications for construction manager at risk. 338.1692
Advertising for proposals for construction manager at risk 338.1693
Procedure for selection of most qualified applicants 338.1696
Negotiation of contract for construction of public work or portion thereof with construction manager at risk 338.1697
Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price. 338.1698
Required and authorized provisions in contract for construction of public work or portion thereof awarded to construction manager at risk. 338.16925
Confidentiality of documents and other information submitted in response to request for proposals. 338.16935
Contract between construction manager at risk and subcontractor for certain preconstruction services. 338.16985
Duties and powers of construction manager at risk who enters into contract for construction of public work or portion thereof. 338.16991
Contract between construction manager at risk and subcontractor to provide labor, materials or equipment on project: Eligibility 338.16995
Contract between construction manager at risk and subcontractor to provide labor, materials or equipment on project: Authority to enter into

Last Updated

Feb. 5, 2021

§ 338.1697’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_338.1697

Original Source: Section 338.1697 — Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price., https://www.leg.state.nv.us/NRS/NRS-338.html#NRS338Sec1697 (last accessed Feb. 5, 2021).