Idaho State Statutes - Idaho Attorney Directory

During the construction of said
improvements, said stumpage commissioners shall have the right to allow
payments thereof in instalments, as the work progresses, in proportion to the
amount of work completed: provided, that no allowance or payment shall be made
for said work to any contractor or subcontractor to exceed seventy-five per
cent (75%) of the proportionate amount of the work completed by such
contractor or subcontractor, and twenty-five per cent (25%) of the contract
price shall be reserved at all times by said stumpage commissioners until said
work is wholly completed and shall not be paid, upon the completion of said
work, until ninety (90) days have expired for the presentation of all claims
for labor performed and materials furnished or used in the stumping of said
land. Upon the completion of said work and the payment of all claims
hereinbefore provided for, according to the terms and conditions of said
contract, said commissioners shall accept said work and pay the contract price
therefor.

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