City Code Section
- A. Subject to applicable provisions of the City Charter and in accordance with the specifications adopted for particular work by the City Administrator, progress payments may be made by the City periodically as required by the contract for the improvement work, on the basis of a certificate concerning the same, filed with the revenue service and program of the City Administrator by the responsible Engineer.
- B. The progress payment certificate will show the amount of work and material applied to the local improvement or public improvement and not included in any prior certificate, the reasonable value of the work and material, the contract price thereof, the amount to be retained pursuant to the contract, and the amount to be paid as a progress payment. Contract provision for the progress payments will be deemed sufficient without further approval by the City Administrator, subject to sufficient allocation of funds by the Council, except that if the contractor is found to be delinquent, if the payment is the last payment to be made before payment of retainage pursuant to the contract, or if any progress payment covers work that is in addition to or an extra over the basic contract, then a progress payment may not be made pursuant to the responsible Engineer’s certificate until such certificate has been presented to the City Administrator and approved by the City Administrator or the City Administrator has separately authorized the extra work.
- C. On any contract for a local improvement that does not contain a specific provision for progress payments, a single progress payment will be made at the time the final estimate of the Responsible Engineer is filed with the revenue service and program of the City Administrator if such payment is requested by the contractor. The progress payment may not exceed 95 percent of City Administrator-authorized contract costs included in the final estimate. This paragraph is applicable to contracts that are completed after the passage of this Ordinance.