bonus clause

bonus clause

In a construction contract, a provision that permits a bonus payment, by the owner to the contractor, for early completion of construction work or for a saving in construction costs. Also called a bonus provision.
References in periodicals archive ?
96 additional bonus clause according to article 149 of law 4412/2016 not foreseen (if applicable) eur 0,00.
The contract also includes a bonus clause for contractors for the early completion of milestones; we are the first major project in Qatar to incentivise construction in this way," he added.
Meanwhile Jordan Rhodes signed for an initial PS9m fee in January but that transfer also included a promotion bonus clause worth an extra PS2m.
These are typically the critical, highly negotiated clauses, such as a bonus clause.
Whilst I understand that individual cases cannot be given the same situation as car insurance with a no-claim bonus clause, as an elderly person with a clean slate and healthy disposition being lumped into the maternity price range, is really only a money making scheme for the insurers.
That number triggers a bonus clause in Edelman's contract, which guarantees him an extra $250,000 .
Wages could be a stumbling block, but one suggestion is that Bellamy takes a pay cut but works in a significant bonus clause if the club gain promotion.
How could I be doing anything wrong when the bonus clause was written into my contract by my chairman Karl Oyston when he offered me the job of Blackpool manager?
In his 1938 contract, Bob Feller had a bonus clause paying him $1,000 for each win above 20.
He would, like Fowler and many Cardiff players, have a bonus clause in his contract based on goals and promotion.
Fast forward a year and Whalley had re-established himself in the City first-team, racking up 12 straight appearances ahead of the trip to Preston on April 24, taking him to 23 appearances and one short of the bonus clause being triggered.
When Dowie took over, Palace were hovering around the relegation zone and that is why Jordan was prepared to include the astonishing promotion bonus clause.