NAC701A.040. “Construction contract” defined.

Latest version.

   “Construction contract” means a contract between an owner of real property or an affiliate or subsidiary of the owner, and a contractor or construction manager which:

     1. Defines their respective roles and responsibilities for the construction of a project on the property;

     2. Establishes the scope of work, the amount of money to be paid to the contractor or construction manager and the allowable time for the duration of the contract; and

     3. Describes the terms and conditions of a construction project.

(Added to NAC by Office of Energy by R116-07, eff. 12-4-2007)

                    
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