North Dakota Code 24-02-25 – Payments made monthly to contractors
Current as of: 2023 | Check for updates
|
Other versions
Payment must be made monthly to the contractor for all work done or material furnished, in such amount as must be determined by the director, but in no event less than ninety percent nor more than ninety-nine percent thereof, and payment must be made in full upon the completion of the contract and acceptance of the work.
Terms Used In North Dakota Code 24-02-25
- Contract: A legal written agreement that becomes binding when signed.
- Director: means the director of the department of transportation of this state, acting directly or through authorized agents as provided in section 24-02-01. See North Dakota Code 24-01-01.1