MBI Schedule of Payments

MBI created a policy regarding the payment schedule for the Last Mile, but has not widely distribute this. Several towns are objecting to the terms, especially that the final payment in full is due 120 days after signing the construction contract, regardless of whether work has even started. That leaves towns with no leverage when it comes time to approve the completed project.

We recommend that towns have their BOS and Finance Committees review this document and register any complaints with their MBI assigned program manager and Bill Ennen.