338.610 - Subcontractor to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers.
338.610 Subcontractor to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers. Within 5 working days after a subcontractor 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, he or she shall notify the subcontractor or supplier of his or her subcontractor or supplier in writing of the following:
1. The date the subcontractor made a specified progress payment or retainage payment to his or her subcontractor or supplier;
2. Whether the subcontractor 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 subcontractor from a specified progress payment or retainage payment to his or her subcontractor or supplier, if any.
(Added to NRS by 1999, 1989)