Nevada § 338.1697 - Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price
Full text of Nevada Nevada Revised Statutes § 338.1697 — Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price, with citation guidance and answers to common questions.
§ 338.1697. Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price
A contract entered into pursuant to NRS 338.1696 that is for a guaranteed maximum price may include a provision that authorizes the
construction manager at risk to receive all or part of any difference between the
guaranteed maximum price set forth in the contract and the actual price of construction
of the public work, if the actual price is less than the guaranteed maximum price.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 338.1697
What does Nevada Revised Statutes § 338.1697 cover?
Section 338.1697 ("Authorized provision in contract with construction manager at risk for construction of public work or portion thereof for guaranteed maximum price") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 338.1697?
A common citation format is "Nevada Revised Statutes § 338.1697" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 338.1697 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.