Nevada § 116.31086 - Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board
Full text of Nevada Nevada Revised Statutes § 116.31086 — Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board, with citation guidance and answers to common questions.
§ 116.31086. Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board
1. If an association solicits bids for an association project: (a) The association must, whenever reasonably possible, solicit at least three bids
if the association project is expected to cost: (1) In a common-interest community that consists of less than 1,000 units, 3 percent
or more of the annual budget of the association; or (2) In a common-interest community that consists of 1,000 or more units, 1 percent
or more of the annual budget of the association; and (b) The bids must be opened and read aloud during a meeting of the executive board. 2. As used in this section, “ association project ” includes, without limitation, a project that involves the maintenance, repair, replacement
or restoration of any part of the common elements or which involves the provision
of professional services to the association, including, without limitation, accounting,
engineering and legal services.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116.31086
What does Nevada Revised Statutes § 116.31086 cover?
Section 116.31086 ("Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board") 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 § 116.31086?
A common citation format is "Nevada Revised Statutes § 116.31086" (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 § 116.31086 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.