Common use of Early Completion Incentive Clause in Contracts

Early Completion Incentive. If CONSTRUCTION MANAGER AT RISK achieves Substantial Completion of the Project prior to ____________[ INSERT A SPECIFIC DATE, UNLESS IT IS AGREED THAT THE BONUS WILL RUN FROM THE REQUIRED SUBSTANTIAL COMPLETION DATE, AS IT MAY LATER BE EXTENDED], CONSTRUCTION MANAGER AT RISK shall be entitled to an early completion incentive bonus of $_______ per full day between _________ and such date of Substantial Completion, up to a maximum bonus of $_____________, but subject to any deductions as otherwise provided in the Contract.]