Indiana § 36-9-36-27 Monthly payments to contractor

Indiana Statutes

§ 36-9-36-27 — Monthly payments to contractor

Indiana § 36-9-36-27

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 36Barrett Law Funding for Counties and Municipalities

This text of Indiana § 36-9-36-27 (Monthly payments to contractor) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-9-36-27 (2026).

Text

(a)A contractor for an improvement is entitled to monthly estimates of the work done during each month. The estimates shall be made by the engineer of the unit and approved by the works board.

(b)The works board shall issue to the contractor certificates for eighty-five percent (85%) of the amount due the contractor by the estimates. The contractor is entitled to receive the amounts named in the certificates in cash or improvement bonds to be collected or issued by the unit. The certificates are negotiable instruments.

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(a) A contractor for an improvement is
entitled to monthly estimates of the work done during each month. The
estimates shall be made by the engineer of the unit and approved by the
works board.
(b) The works board shall issue to the contractor certificates for
eighty-five percent (85%) of the amount due the contractor by the
estimates. The contractor is entitled to receive the amounts named in
the certificates in cash or improvement bonds to be collected or issued
by the unit. The certificates are negotiable instruments.