Retainage for Minnesota Government Units. Under Minn. Stat. § 16C.08, subd. 2 (10), no more than ninety percent (90%) of the amount due under this Agreement may be paid until the final product of this Agreement has been reviewed by a Minnesota agency head. The balance due will be paid when the Minnesota agency head determines that the Vendor has satisfactorily fulfilled all the terms of this Agreement.
Appears in 4 contracts
Samples: srm.magic.ms.gov, srm.magic.ms.gov, legistarweb-production.s3.amazonaws.com