Existing law requires a prime contractor who submits a bid for certain public work to include the names of each first tier subcontractor who will provide labor or a certain portion of the work on the public work to the prime contractor for which the first tier subcontractor will be paid an amount exceeding $250,000. Existing law further requires that if any one of the contractors who submitted one of the three lowest bids will employ a first tier subcontractor who will provide labor or a portion of the work on the public work to the prime contractor for which that first tier subcontractor will not be paid an amount exceeding $250,000, the first tier subcontractor will be paid 1 percent of the prime contractor's total bid or $50,000, whichever is greater. (NRS 338.141) This bill: (1) removes this payment requirement; and (2) revises the requirement for a prime contractor who submits a bid for certain public work to include the names of each first tier subcontractor who will provide labor or a certain portion of the work on the public work to the prime contractor for which the first tier subcontractor will be paid an amount exceeding $100,000, instead of an amount exceeding $250,000.
Statutes affected: As Introduced: 338.141
Reprint 1: 338.141
BDR: 338.141