North Carolina Statutes

§ 156-85 — Monthly estimates for work and payments thereon; final payment

North Carolina·Ch. 156 Drainage·Art. 7 Construction of Improvement·Subch. III DRAINAGE DISTRICTS
The superintendent in charge of construction shall make monthly estimates of the amount of work done, and furnish one copy to the contractor and file the other with the secretary of the board of drainage commissioners; and the commissioners shall, within five days after the filing of such estimate, meet and direct the secretary to draw a warrant in favor of such contractor for ninety per centum (90%) of the work done, according to the specifications and contracts; and upon the presentation of such warrant, properly signed by the chairman and secretary, to the treasurer of the drainage fund, he shall pay the amount due thereon. When the work is fully completed and accepted by the superintendent he shall make an estimate for the whole amount due, including the amounts withheld on the previou

Free access — add to your briefcase to read the full text and ask questions with AI

North Carolina § 156-85 (Monthly estimates for work and payments thereon; final payment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗