Common use of OVERPAYMENTS AND ASSERTION OF LIEN Clause in Contracts

OVERPAYMENTS AND ASSERTION OF LIEN. In the event that the District establishes overpayments or erroneous payments made to the contractor under this contract, the District may secure repayment, plus interest, if any, through the filing of a lien against the contractor's real property or by requiring the posting of a bond, assignment of deposit or some other form of security acceptable to the District or by doing both.