1,512: Capital Construction

Last Revised: December 2003

Capital construction is defined as any new construction, repair, improvement, or reconstruction on land, appurtenances and buildings of NSHE, the estimated cost of which is $25,000 or more, which is intended for long-term, continued used or which extends the useful life of a capital asset. If 25% or more of the costs of the construction, repair or reconstruction is to be paid by funds appropriated by the state or federal governments, then that project is considered a "public work". "Public works" are governed by special requirements under Chapters 338 and 341 of NRS.