Statute 338 570

Within 5 working days after a contractor receives a written request from a subcontractor or supplier of his or her subcontractor or supplier with respect to a subcontract which has not been fully performed, the contractor shall notify the subcontractor or supplier of his or her subcontractor or supplier in writing of the following: 1. The date the contractor made a specified progress payment or retainage payment to his or her subcontractor or supplier; 2. Whether the contractor has paid the entire amount of a specified progress payment or retainage payment to his or her subcontractor or supplier; and 3. The amount withheld by the contractor from a specified progress payment or retainage payment to his or her subcontractor or supplier, if any. (Added to NRS by 1999, 1987)