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2 have started work under contracts let by the Commissioner as <br /> The City agrees that it will from time to time, after <br /> agent for the City for the construction of said projects, the <br /> the execution of this agreement, make such reports, keep such engineer assigned to and in charge of said work shall prepare <br /> records and perform such work in such manner and time as the partial estimates in accordance with the terms of said <br /> Commissioner shall from time to time request and direct so as contracts let for said projects and the procedures established <br /> to enable the Commissioner as its agent to collect for it the by the Office of Construction, Minnesota Department of <br /> federal aid sought. Said records and reports shall be retained <br /> Transportation. The said engineer in charge of said work shall <br /> by the City in accordance with the Commissioner's record <br /> immediately after preparing each partial estimate, transmit the <br /> retention schedule for federal aid projects. <br /> same to the Commissioner in quintuplicate.. Each such partial <br /> 3 - <br /> estimate, shall be certified by the engineer in charge and by <br /> It is anticipated that the United States will pay to <br /> the contractor performing such work. The said engineer <br /> the Commissioner as the agent of the City, the federal aid assigned to and in charge of said work shall also prepare and <br /> funds available to said City toward the construction of said <br /> submit to the Commissioner the final estimate data, together <br /> projects. It is further anticipated that the contracts to be <br /> with the required project records in accordance with the terms <br /> let by the Commissioner as -the agent of the City, for the <br /> of said contracts let for said projects. Quantities listed on <br /> construction of said projects shall provide that the <br /> said partial and final estimates shall be documented in <br /> contractor, as the work progresses, shall, from time to time, <br /> accordance with the guidelines set forth in the applicable <br /> be paid partial payments designated in said contract as partial pp <br /> documentation manual. After the approved final estimate has <br /> estimates and on the completion and acceptance of said work to been submitted to the Commissioner, the City will pay to the <br /> be paid a final payment designated in said contract as a final <br /> Commissioner any additional amount together with the federal <br /> estimate for all work performed. <br /> funds received for that project will be sufficient to pay all <br /> The City further agrees that any City funds and/or the contract costs of the project. <br /> Municipal State .Aid funds to be applied to any contract covered - 4 - <br /> by this agreement shall be deposited with the Commissioner in When the contractor shall have completed the work on <br /> accordance with 14 MCAR Section 1.5032. <br /> said projects, the City agrees to inspect'the same and <br /> At regular monthly intervals after contractors shall <br /> forthwith upon the completion of said inspection advise the <br /> t . <br /> Page No. 7 <br /> Page No. 8 <br />