(a) The contracting agency shall establish, as part of the contract, a maximum compensation for the project.
(b) Payment shall be based on the work actually done and the materials actually used.
(c) The contractor shall submit periodic invoices for labor, materials, and overhead and profit in accordance with the rates established in the bid proposal.
Section: Previous 22-9-202 22-9-203 22-9-204 22-9-205 22-9-207 22-9-208 22-9-209 22-9-210 22-9-211 22-9-212 22-9-213 22-9-214 NextLast modified: November 15, 2016