31-12-16 Progress payments permitted.
Progress payments permitted.
On any contracts provided for in § 31-12-15, partial
payments may be made during the progress of the work upon estimates prepared by the county
highway superintendent, but in no case shall partial payments exceed ninety percent of the value of
the labor and materials incorporated in the work, or materials furnished, as the case may be.
Source: SL 1919, ch 333, § 27; SDC 1939, § 28.0117; SL 1966, ch 81.