Contractor to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers.

NRS 338.570 Contractor to provide notice concerning progress payments and retainage payments to certain subcontractors and suppliers. 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) Payments Made by Subcontractor to Subcontractors and Suppliers