2017 Nevada Revised Statutes
Chapter 333 - Purchasing: State
NRS 333.3366 - Preference for bid or proposal submitted by local business owned and operated by veteran with service-connected disability: Amount of preferences.

Universal Citation: NV Rev Stat § 333.3366 (2017)

1. For the purpose of awarding a formal contract solicited pursuant to subsection 2 of NRS 333.300, if:

(a) A local business owned and operated by a veteran with a service-connected disability submits a bid or proposal for a contract for which the estimated cost is more than $50,000 but not more than $250,000 and is a responsive and responsible bidder, the bid or proposal shall be deemed to be 5 percent lower than the bid or proposal actually submitted.

(b) A local business owned and operated by a veteran with a service-connected disability which is determined to be 50 percent or more by the United States Department of Veterans Affairs submits a bid or proposal for a contract for which the estimated cost is more than $250,000 but less than $500,000 and is a responsive and responsible bidder, the bid or proposal shall be deemed to be 5 percent lower than the bid or proposal actually submitted.

2. The preferences described in subsection 1 may not be combined with any other preference.

(Added to NRS by 2009, 2665; A 2015, 559)

Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.