Performance Based Contract Sample Clauses

Performance Based Contract. Contractor acknowledges that this is a fixed price performance based Contract for all revenue collection services except Estate Recovery, which is a contingent fee-based price of 7.5% of estate recoveries, and that the Contractor is obligated to perform all of the Contractor’s Responsibilities and meet all of the Contractor Performance Standards in this Contract. DHS acknowledges that it is responsible for meeting all State Responsibilities in the RFP and this Contract. The price for Implementation is $727,000. The prices for Operations and Transition in the Base Term are 7.5% contingency fee for Estate Recoveries plus: SFY 2006 $1,737,000 SFY 2007 $1,791,000 SFY 2008 $1,845,000 The prices for the two (2) Renewal Option Years are 7.5% contingency fee for Estate Recoveries plus: SFY 2009 $1,899,000 SFY 2010 $1,943,000 In addition to the price identified herein, A) If the Contractor requested equipment and supplies in their Bid Proposal for the Implementation, the Department will provide the equipment and supplies if approved; B) During the Operations, Transition, and Renewal Option Years, if applicable, the Department will provide the Contractor the equipment and supplies specified in Attachment 2. The Change Service Request (CSR) hourly rate is $85 per hour. Prior to June 30, 2005, DHS and the Contractor shall agree on sources of, and methodologies for evaluating, and the format for reporting, the performance of the Contractor. All performance reports shall be a matter of public record. Without limiting any other provision of this Contract, payment of the Contractor’s Compensation may, in the sole discretion of DHS, be tied to contract performance as follows: Implementation Payment: One- twelfth (1/12) of sixty percent (60.0%) of the Implementation Price shall be earned monthly during the first twelve (12) months of the Contract term. Payment shall be made upon presentation of evidence that progress has been made by the Contractor consistent with the Contractor’s Work Plan for the Implementation Phase. Twenty percent (20.0%) of the Implementation Price shall become earned ten (10) business days following the Contractor’s commencement of the Operations Phase. Fifteen percent (15.0%) of the Implementation Price shall become earned forty (40) business days following the Contractor’s commencement of the Operations Phase . Five percent (5.0%) of the Implementation Price shall become earned five (5) business days following certification of the Iowa MMIS system b...
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Performance Based Contract. Consistent with the expectations under Executive Order 10-07, all work performed under this Contract shall be performance based and payment shall be structured to assure successful performance of expectations prior to payment.
Performance Based Contract. Contractor acknowledges that this is a fixed price performance based Contract and that the Contractor is obligated to perform all of the Contractor’s Responsibilities and meet all of the Contractor Performance Standards in this Contract. DHS acknowledges that it is responsible for meeting all State Responsibilities in the RFP and this Contract. The price for Implementation is $7,153,200. In addition to this sum, Contractor shall also be entitled to an initial payment of $405,797.00 upon acceptance of the following software and hardware (“Imaging Deliverables”) purchased pursuant to this Amendment:
Performance Based Contract. Contractor acknowledges that this is a fixed price performance based Contract and that the Contractor is obligated to perform all of the Contractor’s Responsibilities and meet all of the Contractor Performance Standards in this Contract. DHS acknowledges that it is responsible for meeting all State Responsibilities in the RFP and this Contract. The price for Transition is $XXXXXXX. The prices for Operations and Transition in the Base Term are: SFY 2010 $XXXXX SFY 2011 $XXXXX SFY 2012 $XXXXX The prices for the three (3) Renewal Option Years are: SFY 2013 $XXXXX SFY 2014 $XXXXX SFY 2015 $XXXXX In addition to the price identified herein, A) If the Contractor requested equipment and supplies in their Bid Proposal for the Transition, the Department will provide the equipment and supplies if approved to the extent permitted under state procurement laws; B) During the Transition, Operations, and Renewal Option Years, if applicable, the Department will provide the Contractor the equipment and supplies specified in Attachment B of the contract. Without limiting any other provision of this Contract, payment of the Contractor’s compensation may, in the sole discretion of DHS, be tied to contract performance as follows: Transition Payment: Eighty percent (80%) of the Transition Price may be invoiced at the end of the first two months of the Contract term after a successful implementation to operations as determined by the Department. Payment shall be made upon presentation of evidence that a successful transition to operations has occurred. Twenty percent (20%) of the Transition Price may be invoiced on or after August 1, 2010, following the Department’s approval of the Contractor’s successful commencement of the Operations Phase.
Performance Based Contract. The commissioner shall ensure that any agreement with the board of the regional authority for the former Region V established pursuant to Public Law 1991, chapter 781, Part C entered into on or after July 1, 1994 is a performance-based contract. The commissioner shall ensure that all agreements to purchase human services entered into on or after July 1, 1997 are performance-based contracts. [PL 1995, c. 560, Pt. K, §21 (AMD).]
Performance Based Contract. The commissioner shall ensure that all agreements to purchase social services are performance-based contracts. [PL 2007, c. 539, Pt. N, §53 (NEW).]
Performance Based Contract. Compensation is conditioned on the contractor providing all necessary work and deliverables as set forth in the Statement of Work. Both parties agree and understand that pursuant to RCW 39.26.180(3), this contract is intended to be a performance based contract and that ESD obligation to compensate is made in accordance with the actual performance provided by the Contractor, relative to the requirements set forth the statement of work. Contractor will not be reimbursed for travel expenses. No advance payment shall be made for any Products or Services furnished by Contractor pursuant to this Contract. All payments are predicated upon ESD first receiving a proper and accurate invoice.
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Performance Based Contract. This Agreement is a performance- based contract under the provisions of Section 10-23.8 of the Illinois School Code. The Superintendent shall address and fulfill student performance and academic improvement goals, objectives and indicators which are attached hereto as an exhibit and are a part of this Agreement. The Board and Superintendent agree to work cooperatively in order to successfully achieve the intended outcomes as stipulated in the goals. Both parties recognize that to be successful, sufficient resources must be allocated to implement the goals. The parties also recognize that events beyond the control of either party could have an adverse impact on goal implementation. This contract may be extended or rolled-over prior to its scheduled date of expiration provided that the Board finds that the goals and objectives set forth in the pertinent exhibit have been met to the extent possible based on the time frames expressed in the goals and objectives; however, renewal of this contract shall not be contingent upon all of the goals and objectives having been met, but shall be subject to the sound discretion of the Board.
Performance Based Contract. In performing the requirements of this contract, the contractor will utilize the technical and management approaches proposed in response to solicitation N00019-96-R-0026. The contractor is allowed flexibility in performance of this contract to the extent that performance outcomes specified outcomes specified in Section C of the contract and offered in the proposal are not degraded. Both parties recognize the contractor's proposal in response to solicitation N00019-96-R-0026 as the baseline for performance. H-5 5352.247-1000 AIR SAFETY (NOV 1991/AMCFARS)
Performance Based Contract. Consistent with the expectations under Executive Order 10-07, all work performed under this Contract shall be performance based and payment shall be structured to assure successful performance of expectations prior to payment. Invoices shall be delivered, properly itemized, to the person identified by Purchaser, no later than the tenth working day of each month for the previous month's activity. Invoices shall include, at a minimum: Vendor name, address and phone number, remittance address if different; CTS’s name, address and Purchase Order or Field Order number, if applicable; CTS delivery location if different; The resulting Contract number; Description of Services provided; including at a minimum the vendor circuit number and the correlating CTS Circuit Number (Circuit Design Record #) Monthly SLA met by site; # of hours of service unavailability, by site; % of SLA credits issued if SLA guarantees of 99.9% per site isn’t met. Date of delivery, and/or date of installation and set up; Net invoice price for each item; Total invoice price excluding sales tax; Sales or other applicable taxes; Total invoice price;
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