Texas Special District Local Laws Code
§ 21.258 — PAYMENTS FOR WORK
SD § 21.258Title 2. ENVIRONMENT AND SANITATION · Part A. SOLID WASTE MANAGEMENT · Ch. 21. UPPER SABINE VALLEY SOLID WASTE MANAGEMENT DISTRICT · Art. F. CONSTRUCTION, RENOVATION, AND REPAIR CONTRACTS
Statute text
View on source(a)The district shall pay the contract price of a construction, renovation, or repair contract in accordance with this section.
(b)The district shall make monthly progress payments under a contract as the work proceeds or at more frequent intervals as determined by the board.
(c)To provide a basis for determining progress payments, the contractor, on the request of the board, shall furnish, in the detail requested, an analysis of the total contract price showing the amount included for each principal category of the work.
(d)In making progress payments, the board shall retain 10 percent of the estimated amounts until final completion and acceptance of the contract work. The board may authorize any of the remaining progress payments to be made in full if:
(1)the board finds that satisfactory progress is being made; and
(2)at least 50 percent of the work has been completed.
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Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.