Extracted standards
3 individual requirements pulled out of this section’s prose, each with the sentence it came from.
Other
- Additional guarantee percentage10 pct
an additional 10% of the total estimated cost of construction to cover administrative costs, inflation, and potential damage to existing roads or facilities
- Maximum extension for completion1 year
allow an extension of time for the completion of facilities, not to exceed one year
- Maximum partial release percentage90 pct
Up to 90% of the original amount of the performance guarantee may be released through periodic partial releases
From the ordinance
an additional 10% of the total estimated cost of construction... Up to 90% of the original amount of the performance guarantee may be released... allow an extension of time for the completion of facilities, not to exceed one year