15A NCAC 07L .0703. PAYMENT

Latest version.

(a) Payment by DENR will be made periodically as specified in the contract upon the submittal of a requisition for payment and DCM certification that reasonable and satisfactory progress is being made on the project. Payments will be proportional to the work demonstrated by the grantee to have been completed.

(b) DENR may withhold payment at any time if the grantee is in violation of the terms of the contract or cannot demonstrate satisfactory progress towards completion of the project.

History Note: Authority G.S. 113A‑112; 113A‑124;

Eff. August 1, 2002.

                    
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