NRS 332.095 Assignment of contracts.

121 words·~1 min read·/nv/chapter-332-purchasing-local-governments/332-095·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. Except as otherwise provided in subsection 2:

(a)No contract awarded may be assigned to any other person without the consent of the governing body or its authorized representative.

(b)No contract awarded or any portion thereof may be assigned to any person who was declared by the governing body or its authorized representative not to be a responsible person to perform the particular contract.

2. The provisions of this section do not apply to the assignment of a contract by virtue of the acquisition of the person who is a party to the contract by a person that purchases the full assets and liabilities of the person who is a party to the contract.