Bonus for Early Completion
The Employer pays a bonus if the Contractor achieves Completion before the Completion Date. The bonus amount and calculation method are stated in the Contract Data.
The bonus motivates early completion and shares the benefit with the Contractor. The bonus is paid when the Supervisor certifies Completion.
The bonus is typically a fixed daily or weekly amount. If CEs extend the Completion Date, the bonus calculation may still use the original Completion Date — check the Contract Data wording.
📖 This summary is for reference. For the full, authoritative NEC4 contract text — including all amendments, guidance notes, and flow charts — visit the official NEC website.
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