Senate Bill No. 168–Senator Schneider
February 11, 1999
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Joint Sponsor: Assemblywoman Buckley
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Referred to Committee on Transportation
SUMMARY—Clarifies authority of department of transportation to pay incentive for early completion of construction, improvement, maintenance or repair of highway or appurtenance to highway. (BDR 35-1241)
FISCAL NOTE: Effect on Local Government: Yes.
Effect on the State or on Industrial Insurance: Yes.
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EXPLANATION – Matter in
bolded italics is new; matter between brackets
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
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Section 1. Chapter 408 of NRS is hereby amended by adding thereto a1-2
new section to read as follows:1-3
1. Any contract made or awarded by the department for the1-4
construction, improvement, maintenance or repair of a highway or an1-5
appurtenance to that highway may include a provision for the payment1-6
of an additional amount of money to the person with whom the contract1-7
is made or to whom it is awarded if he satisfactorily completes the1-8
construction, improvement, maintenance or repair of the highway or1-9
appurtenance before the date for completion of that construction,1-10
improvement, maintenance or repair set forth in the contract.2-1
2. The amount of money to be paid pursuant to a provision included2-2
in a contract specified in subsection 1 and the date before which the work2-3
must be completed must be determined by the department.~