(REV 5-18-99) (FA 6-10-99) (7-00)
For each calendar day the Contract is accepted prior to expiration of the allowable Contract time, the Contractor shall receive an amount of $________ per day. Such payment will be made after final acceptance in accordance with 5‑11. This payment shall not be considered an incentive, but liquidated savings related to Construction Engineering Inspection and Contract Administration costs for early completion. Project acceptance will be in accordance with 5‑11, and the allowable Contract time will include all adjustments made in accordance with 8‑7.
Tags: completion, early, savings, 51899), liquidated