Sec. 7803.108. CONSTRUCTION CONTRACTS: PAYMENT. (a) A construction contract may be paid for in partial payments as the work progresses, based on estimates approved by the district's engineer.
(b) The payments may not exceed 90 percent of the amount due at the time of the payments as shown by the approved estimates, except that the final approved estimate, including all prior retainage, must be paid in full.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.02, eff. April 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle E - Levee Improvement Districts
Chapter 7803 - Irving Flood Control District Section I
Subchapter C. Powers and Duties
Section 7803.101. Levee Improvement District Powers
Section 7803.102. Annexation of Land
Section 7803.103. Eminent Domain
Section 7803.104. Cost of Relocating or Altering Property
Section 7803.105. Contracts for Facilities and Improvements; Election Not Required
Section 7803.106. Contracts Over $25,000
Section 7803.107. Construction Contracts: Execution and Availability
Section 7803.108. Construction Contracts: Payment
Section 7803.109. Flood Hazard Areas
Section 7803.110. Setback Lines: Resolution, Notice, and Hearing
Section 7803.111. Setback Lines: Effect on Landowners