Performance-Based Payments Sample Clauses
The PERFORMANCE-BASED PAYMENTS clause establishes that payments to a contractor or service provider are tied to the achievement of specific, measurable milestones or deliverables rather than simply the passage of time or completion of work. In practice, this means that the contractor receives payment only after meeting predefined performance criteria, such as reaching certain project stages, delivering satisfactory results, or achieving agreed-upon outcomes. This approach incentivizes high-quality work and timely progress, while also protecting the paying party by ensuring funds are disbursed only when tangible results are demonstrated.
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Performance-Based Payments. 1. The Recipient shall carry out Part 4 of the Project in accordance with the provisions of this Agreement, the Results-Based Financing Trust Fund Co- financing Agreement and the RBF Implementation Manual and, except as the Association shall otherwise agree, the Recipient shall not amend or waive any provision of the RBF Implementation Manual if, in the opinion of the Association, such amendment or waiver may materially and adversely affect the implementation of Part 4 of the Project.
2. The Recipient shall provide funds under Part 4(i) of the Project to:
(i) NGOs and MOPH direct providers as Performance-Based Payments based on increase in coverage of maternal and child health services;
(ii) hospitals as Performance-Based Payments for staff members based on increase in volume of maternal and child services; and
(iii) Provincial health offices as Performance-Based Payments for improved supervision and monitoring.
3. Performance-Based Payments shall be provided to qualifying NGOs, MOPH direct providers, hospitals and provincial health offices under Performance Agreements entered into between MOPH and the respective NGO, hospital or provincial health office in form and substance acceptable to the Association, setting out, inter alia, each party’s responsibilities, procedures for procurement and financial management, performance milestones in implementation that, when verified, serve as triggers for the release of additional payments, after the initial tranche payment made based on the contract.
Performance-Based Payments. (FEB 2002)
Performance-Based Payments. In the case of payments under Sections 4(a)(ii), 4(b)(i) and 4(b)(iii)(A) as incentive compensation for performance in a year completed before the year of your Termination, the payment shall be made at the earliest of the date specified under the applicable Plan or five days after your Date of Termination, subject to any applicable requirement under Section 5(d) or 5(e)(vi); provided that the rule under Section 5(c)(iii) shall apply.
Performance-Based Payments. The Recipient shall carry out Part 4 of the Project in accordance with the provisions of the Financing Agreement and the Results-Based Financing Trust Fund Co-financing Agreement.
Performance-Based Payments. 1. Invoices submitted in accordance with Section B above shall include payments for performance based outcomes (“PBO”) as detailed in the charts below: PY 2020-2021 EQUUS WORKFORCE SOLUTIONS ADW PY 2020-21 PBO # A/DW North # A/DW South #Youth # Total PBO Fee - A/DWNorth PBO Fee - A/DWSouth PBO Fee -Youth PBO Fee - A/DW North Total $ PBO Fee - A/DW South Total $ PBO Fee - Youth Total $ Total a. New enrollments 600 150 120 870 $75.75 $57.28 $207.92 $45,450 $8,592 $24,950 $78,992 b. Placed in employment in WDB priority industry sectors 300 55 355 $65.48 $52.41 $19,644 $2,883 $0 $22,527 c. Placed in employment not in the WDB priority industry sectors 150 27 177 $109.07 $77.28 $16,361 $2,087 $0 $18,448 d. Youth placed in WEX in WDB priority industry sectors. 50 50 $0.00 $0.00 $514.39 $0 $0 $25,720 $25,720 e. Placed in On-the-Job Training 16 5 21 $424.70 $304.59 $6,795 $1,523 $0 $8,318 f. Completion of occupational skills training in WDB priority industry sectors with credential or certificate 60 16 31 76 $206.15 $165.47 $383.00 $12,369 $2,647 $11,873 $26,889 Total Total Performance-Based Compensation Availabl e (includin g carryove r) $100,619 $17,732 $62,543 $180,894 PY 2021-2022 # of Participants Cost per Participant Total Cost PBO Category Adult DW Youth Adult DW Youth Adult DW Youth Priority and In-Demand Sector Placement 254 126 110 $ 350.00 $ 350.00 $ 750.00 $ 88,900 $ 44,100 $ 82,500 General Placement 84 42 36 $ 201.00 $ 201.00 $ 600.00 $ 16,884 $ 8,442 $ 21,600 Measurable Skills Gain During Programming 74 41 15 $ 181.00 $ 181.00 $ 530.00 $ 13,394 $ 7,421 $ 7,950 Attainment of Credential 74 41 15 $ 181.00 $ 181.00 $ 530.00 $ 13,394 $ 7,421 $ 7,950 $ 132,572 $ 67,384 $ 120,000
2. Invoices shall include the Performance Outcome, the number of participants that achieved the outcome during the invoice month, the amount due for each outcome, and the total of the performance based payments for the month.
Performance-Based Payments. (a) Definition Performance-based payments are locally negotiated payments established to encourage and reward one or more of the following:
(i) Achievement of specific agreed measured productivity and/or quality targets; and/or
(ii) Achievement of specific agreed milestones; and/or
(iii) Compliance with such other agreed targets, key performance indicators, practices or conditions as are determined locally to be most likely to contribute to the achievement of specific project, site, event or contract objectives. Earnings under a performance-based payments arrangement shall vary according to performance against these agreed targets/objectives.
(b) Upper payment limits The upper payment limits for performance-based payments on Categorised Work (including any incorporated fixed element) are set out in NAECI Appendix A.8(c)(iv).
Performance-Based Payments. Yahara WINS will make additional payments based on Dane County performance related to annual phosphorus reduction goals for new pounds of phosphorus as identified in Table 1. The performance based payment will be a lump sum annual payment made upon receipt and acceptance of the verified phosphorus reductions achieved in the preceding year. Phosphorus reductions for any TMDL stream reach that are in excess of the reduction required in the Adaptive Management Plan cannot be applied to the phosphorus reduction goal.
Performance-Based Payments. Except in relation to entitlements disclosed under paragraph 16.1 above, as far as CBI is aware no Brand Company is party to any arrangement under which any Employee may be entitled to receive any bonus or other payment (whether contractual or discretionary) that is calculated by reference to the performance of any Brand Company, the performance of that employee or any combination of these.
Performance-Based Payments. These payments involve the total Program energy savings and peak demand reduction goals for the Program. PG&E will pay actual savings resulting from Projects, not forecasted. PG&E shall pay that portion of the Budget on a $/gross kWh, $/gross therm, or $/Measure basis and does not include Customer Incentive and Rebates. Performance-Based Payment Adjustments. PG&E shall recalculate and adjust the amount of any Project payment if the Installed and Verified energy and demand savings differs from the estimated energy and demand savings used to calculate the Project Commitment Payment. PG&E quality assurance review may result in a payment adjustment.
Performance-Based Payments. Except in relation to entitlements Fairly Disclosed under paragraph 11.1 above and/or discretionary cash bonus arrangements, no Group Company is party to any written agreement under which any employee of a Group Company may be entitled to receive any bonus or other payment that is calculated by reference to the performance of any Group Company, the performance of that employee or any combination of these.