Authors

Alyson Smith

Document Type

Case Summary

Publication Date

6-27-2024

Case Synopsis

Considering the language of NRS §279.500(2)(c), the Nevada Supreme Court answered whether non-cash consideration, rather than money up front, created a financial incentive that would require the payment of prevailing wages on a development project. In this case, the City of Sparks and the Sparks Redevelopment Agency (“RDA”) conveyed property to a developer in exchange for the maintenance of public parking on the property for fifty years. The Court stated that this future compensation did not create a financial incentive, and therefore, NRS 279.500(2)(c) was not invoked. Subsequently, the developer was not required to pay prevailing wages on the project.

Share

COinS