3-Policy for Payment.pdf

This is a Payment Policy document related to the Intersection Improvement project at Prairie Drive and Windfern Road for Harris County Precinct 1 in Texas. The policy establishes the framework for processing and authorizing payments to contractors performing work on this infrastructure improvement project. The document outlines the procedural requirements contractors must follow to receive compensation, including submission timelines, documentation standards, and approval processes that align with Harris County's financial management protocols.

The payment policy specifies invoice submission requirements, verification procedures, and payment authorization signatures necessary for contract execution. It establishes conditions for payment processing, including documentation that must accompany payment requests and the timeline for fund disbursement once invoices are approved. The policy ensures that all payments are processed in compliance with Harris County Precinct 1's financial controls and procurement regulations, protecting both the county's interests and ensuring timely compensation for contractors upon satisfactory completion of contracted work according to the project specifications.