Common use of Second Disbursement Clause in Contracts

Second Disbursement. Following Initial Disbursement, the City shall disburse further payments up to 90% of the total award when the following conditions have been met: A. receipt and approval of the Mid-Construction Report, Mid-Construction Expense Reporting Form and Second Invoice to the City, B. completion of Mid-Construction meeting with the City, and

Second Disbursement. Following Initial Disbursement, the City shall disburse further payments up to 90% of the total award when the following conditions have been met: A. a. receipt and approval of the Mid-Construction Report, Mid-Construction Expense Reporting Form Project Budget and Second Invoice to by the City, B. b. completion of Mid-Construction meeting with the City, and