Contract Completion Incentive Fact Sheet

NRCS is concerned about the many EQIP contracts that are currently inactive or incomplete. That’s why NRCS is now offering a special “CCI” INCENTIVE for landowners who complete all the structural practices in their new 2006 EQIP contracts on a new two-year “fast track” plan.” Hurry! Offer ends June 1, 2006!

The Environmental Quality Incentives Program (EQIP) helps Illinois landowners address natural resource concerns on their land or within their livestock operation. Thousands of operators have applied for EQIP, been approved for federal cost-share assistance, and signed contracts to complete many different conservation practices. Unfortunately, many practices scheduled for a particular year have been delayed and rescheduled for installation in the future. NRCS would like to see our new EQIP contracts carried out quick--conservation needs to be working on the land and not just on a piece of paper!

What does this mean for you? It means that for new 2006 EQIP contracts, NRCS will add another financial incentive to the existing program. The CCI payment will be added on to your EQIP cost-share payment.

This incentive is called the Contract Completion Incentive (CCI) and is being offered for fiscal year 2006 EQIP contracts. The CCI is a financial incentive for participants who plan to complete all structural practices in their contracts within the first or second year after signing their contract. The CCI will be offered in two forms--as a CCI-A, when all structural practices are completed in the first year and a CCI-B, when all structural practices are completed in the second year. CCI payments are not made until all your contract’s structural practices have been completed and installed.

If you have already signed a new 2006 EQIP contract, but you want to put it on the fast track and get this extra cash, your current contract will need to be updated. NRCS will update it, factor in the new incentive dollars and you’ll sign the paperwork. Then the clock starts ticking! Visit with your NRCS District Conservationist to find out more and to verify that your contract includes practices that qualify.

Eligibility Rules -- Check this list to be sure your EQIP practices and contract are eligible:

• Your contract is a FY2006 EQIP contract.
• Cost share rates are 70% or less for all structural practices (85% for Limited Resource Farmers).
• Contract can include non-structural practices, but must include at least one structural practice
• All structural practices must be completed by Dec. 31, 2007 or Dec. 31, 2008.
• Value of cost-share within the contract must be at least $5000.

February 2006

NRCS Helping People Help the Land.

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A Printed Version of this fact sheet is available in Adobe Acrobat Format 6.0.

Contract Completion Incentive Fact Sheet
CCI-fs0206.pdf (PDF, 325 kb)

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