Nevada Code § 338.520

Payment of outstanding balance upon occupancy, use or recording of notice of completion
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Except
with respect to any payment withheld pursuant to NRS 338.525 , if:
1. A public body or a person acting with
the authority of the public body occupies or begins use of a public work or a
portion of a public work;
2. A notice of completion for a public
work or a portion of a public work is recorded as provided in NRS 108.228 ; or
3. A public body partially occupies one or
more buildings of a public work,
the public
body shall pay or cause to be paid to the contractor any outstanding payment
due, including, without limitation, retainage, and any interest accrued thereon
within 30 days after whichever event described in subsection 1, 2 or 3 occurs
first. The amount paid must be in the proportion that the value of the portion
of the public work which is used or occupied bears to the total value of the
public work.

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