With respect to a construction project for which the owner intends to establish and administer an owner-controlled insurance program or the principal contractor intends to establish and administer a contractor-controlled insurance program, the owner or principal contractor, as appropriate, shall:
1. In the notice or advertisement for bids for the construction of the project, state:
(a) That the employees of contractors and subcontractors who are engaged in the construction of the project will be covered under a consolidated insurance program when such employees work at the site of the project; and
(b) Whether such a program will be an owner-controlled insurance program or a contractor-controlled insurance program; and
2. Hold a pre-bid conference at which it provides to potential contractors and subcontractors, without limitation, the following information:
(a) A general explanation of the manner in which a consolidated insurance program operates;
(b) An overview of the provisions of NRS 616B.710 to 616B.737, inclusive;
(c) A general description of the safety procedures that will be required as part of the consolidated insurance program; and
(d) The procedures pursuant to which claims for industrial insurance will be administered.
(Added to NRS by 1999, 3144)