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01-12-1987 Council Packet
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01-12-1987 Council Packet
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said projects shall provide that r:.e contractor, as the work <br />progresses, shall, from time to time, oe paid partial payments <br />designated in said contract as partial estimates and on the <br />complet.i.on and acc:eEtance of sairl w�,,K to be paid a final payment <br />designated in said contract as a final estimate for all work <br />performed. <br />The City further agrees that any City funds and/or <br />Municipal State Aid funds to be applied to any contract covered by <br />this agreement shall be deposited with the Commissioner in <br />accordance with Minnesota Rules Chapter 3820.1500 Subp. 3. <br />At regular monthly intervals after contractors shall <br />have started work under contracts ?et by the Commissioner as agent <br />for the City for the construction of said projects, the engineer <br />assigned to and in charge of said work stall prepare parti_- <br />estimates in accordance with the terms of said contracts let for <br />said proi-cts and the procedures e:.tablished by the Office of <br />Contract Adminisurat-;•z and Mairtenance, Minnes(-)ta Department of <br />Transportation. The slid engineer in charge of said work shall <br />immediat•?ly after prepar:.ng -a^h partial estimate, transmit the <br />same to the Commissioner in duplicate. Each such partial <br />estimate, shall be certified by the engineer in charge and by the <br />contractor ncrforming such work The said engineer assigned to <br />and in c,`.ar;e of sa,.! work shall also prepare and submit to the <br />Commissi,anc• the final estimate data, together with the required <br />project records in accordance with t e terms of said contracts let <br />for said projects. Quantities listed -id partial and final <br />Paq., '70. 7 <br />
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