NAC338.120. Sliding scale of penalties.

     1. If the State Contractors’ Board has established a monetary limit on the license of a prime contractor pursuant to NRS 624.220, the amount of any forfeiture assessed against the prime contractor pursuant to NRS 338.060 must be:

     (a) If the monetary limit is less than $250,000, $20 for each calendar day or portion thereof.

     (b) If the monetary limit is $250,000 or more but less than $500,000, $30 for each calendar day or portion thereof.

     (c) If the monetary limit is $500,000 or more but less than $750,000, $40 for each calendar day or portion thereof.

     (d) If the monetary limit is $750,000 or more, $50 for each calendar day or portion thereof.

     2. If the State Contractors’ Board has not established a monetary limit on the license of a prime contractor or has removed a monetary limit established on the license of the prime contractor, the amount of the penalty imposed against the prime contractor pursuant to NRS 338.060 must be $50 for each calendar day or portion thereof.

     (Added to NAC by Labor Comm’r by R096-97, eff. 5-3-99; A by R115-01, 4-5-2002; R207-03, 2-19-2004)