Nevada Revised Statutes 408.388 – Projects for which Department may contract with design-build team
1. Except as otherwise provided in NRS 408.5471 to 408.549, inclusive, the Department may contract with a design-build team for the design and construction of a project if the Department determines that:
Terms Used In Nevada Revised Statutes 408.388
- Contract: A legal written agreement that becomes binding when signed.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(a) Except as otherwise provided in subsection 2, the estimated cost of the project exceeds $10,000,000; and
(b) Contracting with a design-build team will enable the Department to:
(1) Design and construct the project at a cost that is significantly lower than the cost that the Department would incur to design and construct the project using a different method;
(2) Design and construct the project in a shorter time than would be required to complete the project using a different method, if exigent circumstances require that the project be designed and constructed within a short time; or
(3) Ensure that the design and construction of the project is properly coordinated, if the project is unique, highly technical and complex in nature.
2. Notwithstanding the provisions of subsection 1, the Department may, twice in each fiscal year, contract with a design-build team for the design and construction of a project the estimated cost of which is at least $5,000,000 but less than $10,000,000 if the Department makes the determinations otherwise required pursuant to paragraph (b) of subsection 1.