§ 89.30.151. Payments under contracts -- Retained percentage
Contracts entered into by reclamation districts authorized under this chapter for construction or for services or materials, may provide that payments shall be made in such monthly amounts or in such monthly proportion of the contract price as the board shall determine as the work progresses or as the services or materials are furnished on monthly estimates of the value thereof approved by the board; PROVIDED, That at least ten percent of each of the monthly estimates shall be retained until the contract is completed and its completion approved by the district board.
[1927 c 254 § 51; RRS § 7402-51. Formerly RCW 89.24.520.]
Sections: Previous 89.30.130 89.30.133 89.30.136 89.30.139 89.30.142 89.30.145 89.30.148 89.30.151 89.30.154 89.30.157 89.30.160 89.30.163 89.30.166 89.30.169 89.30.172 NextLast modified: April 7, 2009