A Nevada Class B contractor wants to bid on a $275,000 commercial project. What is the issue with this scenario?
Correct Answer
A) The project exceeds the Class B monetary limit of $250,000
Under NRS 624, Class B contractors are limited to projects under $250,000. This project at $275,000 exceeds that limit.
Why This Is the Correct Answer
Under NRS 624, Class B contractors are limited to projects under $250,000. This project at $275,000 exceeds that limit.
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