Educational reference only. Not legal advice

Common Elements is not a law firm and does not provide legal services. Plain-English summaries, topic guides, and synced statutory text help you find the right citation faster. Always confirm the current official version on the official leg.state.fl.us (statutes) or flrules.org (administrative rules) before relying on any citation.

NRS 116.31086

Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board.

Save section

View official text

No plain-English summary yet for this section. Read the statutory text below or open the official source.

Statutory text

Search all statutes

�� 1. If an association solicits bids for an association project: �� (a) The association must, whenever reasonably possible, solicit at least three bids if the association project is expected to cost: ��

In a common-interest community that consists of less than 1,000 units, 3 percent or more of the annual budget of the association; or ��

In a common-interest community that consists of 1,000 or more units, 1 percent or more of the annual budget of the association; and �� (b) The bids must be opened and read aloud during a meeting of the executive board. �� 2. As used in this section, �association project� includes, without limitation, a project that involves the maintenance, repair, replacement or restoration of any part of the common elements or which involves the provision of professional services to the association, including, without limitation, accounting, engineering and legal services.

Synced from the Florida Legislature’s official site. Verify the current version before citing.

Does your association comply?

Run your governing documents through the compliance scan. It checks them against the rules that apply in your state.

Run the compliance scan

Put this statute to work

Free tools for Nevada boards and owners. No account needed.

Governing Document AnalyzerUpload your CC&Rs, declaration, or bylaws for an instant scan of clauses your state statute or federal law may have already overridden.

Free account

A free account adds bookmarks, PDF export, uploaded governing documents, and side-by-side search with Florida statutes.

Bookmark statute sections you cite in meetings
Upload CC&Rs and bylaws with the same section finder
Ask questions in the Common Area forum

Common Elements is the always-on industry expo for community associations: vendor hall, professional community, and structured procurement, open 24/7. It complements the management and accounting software you already use; it does not replace it.

Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board.

Statutory text

Does your association comply?

Put this statute to work

Community discussion

Watch this statute

Your governing documents

Statutory text

Does your association comply?

Put this statute to work

Save your place and go deeper

Community discussion

Watch this statute

Your governing documents