Nevada Revised Statutes 393.130 – Contract for construction or repair on basis of cost plus fee
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When the board of trustees of a school district has twice followed the procedure for notice calling for bids for the construction, repair or alteration of or an addition to a school building, as provided in chapter 332 of NRS, if no satisfactory bid is received, the board may receive proposals, and enter into a contract on the basis of such proposals, on a cost-plus-a-fee basis, without further notice calling for bids.
Terms Used In Nevada Revised Statutes 393.130
- Contract: A legal written agreement that becomes binding when signed.