NRS 338.1698 Required and authorized provisions in contract for construction of public work or portion thereof awarded to construction manager at risk.
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NRS 338.1698 Required and authorized provisions in contract for construction of public work or portion thereof awarded to construction manager at risk. A contract awarded to a construction manager at risk pursuant to NRS 338.1696 :
1. Must comply with the provisions of NRS 338.020 to 338.090 , inclusive.
2. Must specify a date by which performance of the work required by the contract must be completed.
3. May set forth the terms by which the construction manager at risk agrees to name the public body, at the cost of the public body, as an additional insured in an insurance policy held by the construction manager at risk.
4. Must require that the construction manager at risk to whom a contract is awarded assume overall responsibility for ensuring that the preconstruction or construction of the public work, as applicable, is completed in a satisfactory manner.
5. May include such additional provisions as may be agreed upon by the public body and the construction manager at risk.