Sec. 351.140. PAYMENT FOR CONSTRUCTION WORK. (a) The district shall make monthly progress payments under construction contracts as the work proceeds or at more frequent intervals as determined by the board.
(b) If requested by the board, the contractor shall furnish an analysis of the total contract price showing the amount included for each principal category of the work, in such detail as requested, to provide a basis for determining progress payments.
(c) In making progress payments, the district shall retain 10 percent of the estimated amount until final completion and acceptance of the contract work. However, if the board, at any time after 50 percent of the work has been completed, finds that satisfactory progress is being made, it may authorize any of the remaining progress payments to be made in full. Also, if the work is substantially complete, the board, if it finds the amount retained to be in excess of the amount adequate for the protection of the district, may release to the contractor all or a part of the excess amount.
(d) On completion and acceptance of each separate project, work, or other division of the contract on which the price is stated separately in the contract, payment may be made without retention of a percentage.
(e) When construction work is completed according to the terms of the contract, the board shall draw a warrant on the depository to pay any balance due on the contract.
Added by Acts 1989, 71st Leg., ch. 1, Sec. 74(a), eff. Aug. 28, 1989.
Structure Texas Statutes
Subtitle B - County Public Safety
Chapter 351 - County Jails and Law Enforcement
Section 351.122. Eligible Counties; Purpose; Boundaries
Section 351.125. Granting or Denying Petition
Section 351.126. Appointment of Temporary Directors
Section 351.127. Confirmation Election
Section 351.128. Bond and Tax Proposition
Section 351.129. Board of Directors
Section 351.130. Method of Election; Staggered Terms; Term of Office; Election Date
Section 351.131. Oath; Compensation; Officers; Quorum
Section 351.132. General Manager; Employees
Section 351.133. District Office; Meetings; Minutes; Records; Seal
Section 351.134. Contracts; Suits; Payment of Judgment; Insurance
Section 351.135. General Powers
Section 351.136. Acquisition of Property for Site; Lease; Eminent Domain
Section 351.137. Construction Contracts
Section 351.138. Contractor's Bond
Section 351.139. Monitoring Construction Work
Section 351.140. Payment for Construction Work
Section 351.141. Final Approval and Conveyance by Board
Section 351.142. Responsibilities of Receiving County
Section 351.143. Changes and Additions to Facilities
Section 351.144. Contracts for Purchase of Vehicles, Equipment, and Supplies Over $5,000
Section 351.145. Fiscal Year; Annual Audit; Annual Budget
Section 351.148. Repayment of Organizational Expenses
Section 351.149. Issuance of Bonds
Section 351.150. Manner of Repayment of Bonds
Section 351.151. Bond and Tax Election
Section 351.152. Form of Bonds
Section 351.153. Provisions of Bonds
Section 351.154. Approval by Attorney General; Registration by Comptroller
Section 351.155. Refunding Bonds
Section 351.156. Bonds as Investments; Bonds as Security for Deposits
Section 351.157. Tax Status of Bonds