Nev. Rev. Stat. » NRS: CHAPTER 332 - PURCHASING: LOCAL GOVERNMENTS
Nevada Revised Statutes

Nev. Rev. Stat. § 332.105 (2026)

Bonds

✓ current as of July 2026
Find cases: SyfertCases citing this section NRSleg.state.nv.us (official) Justiaon Justia CornellLII Search CasesGoogle Scholar
NRS 332.105  Bonds.

      1.  A performance bond, payment bond or any other bond or combination thereof, with sufficient surety, in such amount as may be determined necessary by the governing body or its authorized representative, may be required of each responding offeror on a particular contract.

      2.  Any such bonds may be to insure proper performance of the contract and save, indemnify and keep harmless the local government against all loss, damages, claims, liabilities, judgments, costs and expenses which may accrue against the local government in consequence of the awarding of the contract.

      3.  If a local government requires such a bond, it shall not also require a detailed financial statement from each responding offeror on the contract.

      (Added to NRS by 1975, 1537; A 1983, 914; 2019, 773)

Exceptions to Requirements for Competitive Solicitations

     

Notes of Decisions
Cited in 1 case, 1993–1993 · leading case: Am. Fire & Saf., Inc. v. City of North Las Vegas, 849 P.2d 352 (Nev. 1993).
Sort: Relevance Newest Treatment
Am. Fire & Saf., Inc. v. City of North Las Vegas, 849 P.2d 352 (Nev. 1993). “NRS 332.105 authorizes government bodies to require bid bonds from contractors for the purpose of insuring performance.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.