The STEP file (Standard for the Exchange of Product Data) format is a great format for exchanging NURBS engineering data. It is a popular engineering programs such as CATIA, Creo, SolidWorks, NX, Inventor, etc. STEP will exchange the NURBS Solids and the Part and assembly project structure into Rhino.
Part and Assembly files structures are quite different from Rhino's layer based structure. but in a project situation retaining that organization of parts and assemblies can be beneficial. Rhino translates parts and assemblies into Blocks and block instances.
Rhino supports a series of STEP Application Protocols (APs). Each AP contains different levels of information.
Use these Utilites to inspect STEP files. This can really help with troubleshooting file exchange problems.