Method A. The Agency will place with the State, within (20) days after the execution of the construction contract, an advance in the amount of the Agency’s share of the total construction cost based on the contract award. The State will notify the Agency of the exact amount to be deposited with the State. The State will pay all costs incurred under the contract upon presentation of progress xxxxxxxx from the contractor. Following such payments, the State will submit a billing to the Federal Government for the federal aid participation either a payment from the Agency to the State or by a refund from the State to the Agency.
Appears in 5 contracts
Samples: Local Agency Agreement, Local Agency Agreement, Local Agency Agreement
