{"data":{"id":"us-in/ic-4-13.6-3-4","jurisdiction":"us-in","citation":"IC 4-13.6-3-4","heading":"Increased compensation for early performance of contracts; deductions for late completion of contracts; notice","body":"Sec. 4. (a) The commissioner may specify in a contract that early performance of the contract will result in increased compensation at either:\n(1) a percentage of the contract amount; or\n(2) a specific dollar amount;\ndetermined by the commissioner.\n(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:\n(1) a percentage of the contract amount; or\n(2) a specific dollar amount;\ndetermined by the commissioner.\n(c) Notice of inclusion of contract provisions permitted under this section in a contract must be included in the solicitation.","path":["TITLE 4. STATE OFFICES AND ADMINISTRATION","ARTICLE 13.6. STATE PUBLIC WORKS","Chapter 3. Public Works Division"],"source_url":"https://iga.in.gov/ic/2026/Title_4.html#4-13.6-3-4","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-30T06:26:00Z","sha256":"90b75b8530fa021718cba902630f513892959877ea8584eac59d7d09cb1e2946","source_id":"us-in","stale":false,"prev":"us-in/ic-4-13.6-3-3","next":"us-in/ic-4-13.6-4-1"},"notice":"GroundRules: Original legal text. Not legal advice."}