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12-14-1988 Council Agenda
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12-14-1988 Council Agenda
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acceptance of said work to be paid a final payment designated in <br />said contract as a final estimate for all work performed. <br />The City further agrees that any City funds and /or Municipal <br />State Aid Funds to be applied to any contract covered by this <br />agreement shall be deposited with the Commissioner in accordance <br />with Minnesota Rules Chapter 8820.1500 Subp. 3. <br />At regular monthly intervals after contractors shall have <br />started work under contracts let by the Commissioner as agent for <br />the City for the construction of said projects, the engineer <br />assigned to and in charge of said work shall prepare partial <br />estimates in accordance with the terms of said contracts let for <br />said projects and the procedures established by the Office of <br />Construction and Contract Administration Minnesota Department of <br />Transportation. The said engineer in charge of said work shall <br />immediately after preparing each partial estimate, transmit the same <br />to the Commissioner in duplicate. Each partial estimate shall be <br />certified by the engineer in charge and by the contractor performing <br />such work. The said engineer assigned to and in charge of said work <br />shall also prepare and submit to the Commissioner the final estimate <br />data, together with the required project records in accordance with <br />the terms of said contracts let for said projects. Quantities <br />listed on said partial and final estimates shall be documented in <br />accordance with the guidelines set forth in the applicable <br />documentation manual. After the approved final estimate has been <br />submitted to the Commissioner, the City will pay to the <br />Page 8 <br />
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