3-Policy for Payment.pdf

This is a Payment Policy document for Harris County Precinct 2, Texas, establishing procedures for processing and disbursing payments related to the construction of Hike and Bike Trails Along South Belt Basin Trail project. The policy outlines the administrative framework for invoice submission, payment authorization, and fund distribution throughout the contract term. Payment requests must be submitted in accordance with the contract specifications and supporting documentation requirements, with invoices requiring verification of work completion and compliance with project specifications before authorization for payment.

The payment policy establishes that all payments are contingent upon satisfactory performance and completion of work as outlined in the contract documents. Contractors must submit invoices detailing work performed, materials supplied, and labor costs in accordance with the approved payment schedule. Harris County Precinct 2 retains the right to withhold or delay payments if documentation is incomplete or if work does not meet quality standards and contract requirements. The policy ensures that all payments are made from designated funding sources allocated for the trail construction project and that payment processing follows established county procedures for financial accountability and audit compliance.