All contracts may provide for the retention by the city of at least 10% of the contract price until the final completion and acceptance. Partial payments may be made every month as the work progresses upon the detailed statements of the contractor, sworn to, certified and approved in the manner provided for the filing and payment of claims.
(Ord. 2011-5318, passed 4-5-2011; Am. Ord. 2011-5319, passed 4-12-2011)