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§ 4-13-6-3-4 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 4 - State Offices and Administration/
  5. Article 13.6 - State Public Works/
  6. Chapter 3 - Public Works Division4-13.6-3-1. Duties of Department; Assignment of Public Works Project/
  7. § 4-13-6-3-4
Indiana Legal Code

§ 4-13-6-3-4

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(a) The commissioner may specify in a contract that early performance of the contract will result in increased compensation at either:(1) a percentage of the contract amount; or(2) a specific dollar amount;determined by the commissioner.(b) The commissioner may specify in a contract that completion of the contract after the termination date of the contract will result in a deduction from the compensation in the contract at either:(1) a percentage of the contract amount; or(2) a specific dollar amount;determined by the commissioner.(c) Notice of inclusion of contract provisions permitted under this section in a contract must be included in the solicitation.As added by P.L.5-1993, SEC.10.