Progress monitoring is an ongoing process that begins immediately after the intervention plan is put into place.
The city was expecting a big chunk of money from the feds this year, but new paperwork shows theyâre suggesting the project gets almost $20 million less than the city budgeted for. The city of Albuquerque expects $69-million for federal funding this year for ART.
An advance funding agreement is used when some portion of a projectâs funding is derived from an outside source (third party) other than FHWA. The agreement is entered into between TxDOT and the third party.For an actual cost advance funding agreement, an initial payment is made based upon estimated cost of the work.ssignment of payment is the legal transfer of a right or property. An assignment is the transfer of the right to payment. An assignment involves at least two parties: the assignor and the assignee. The assignor (vendor) is the party transferring the right to payment.