PERFORMANCE CONTRACTING Clause Samples
PERFORMANCE CONTRACTING. If the Contractor or any of its subcontractors advises an EEU customer to use performance contracting and the Contractor or its subcontractor desires to bid for that contract, the Contractor or its subcontractor shall notify VEIC in advance of submitting a bid. VEIC may contact the customer and/or use other mechanisms to ensure that the Contractor’s or its subcontractor’s relationship with the EEU does not give either of them an unfair advantage in the bidding process.
PERFORMANCE CONTRACTING. The Board of Education agrees that no organization or individual(s) will be employed to provide any student instruction which would result in the dismissal of any employee now employed.
PERFORMANCE CONTRACTING. The Board shall not solicit proposals or enter into any agreement concerning performance contracting, namely any plan which would guarantee certain standards of pupil performance and which would impose an intermediate agency between the teachers and the Board, as an employer, without first consulting with the Association.
PERFORMANCE CONTRACTING. All contracts between the State and a private party for information technology projects shall include provisions for vendor performance review and accountability, contract suspension or termination, and termination of funding. The State CIO may require that these contract provisions include a performance bond, monetary penalties, or require other performance assurance measures for projects that are not completed within the specified time period or that involve costs in excess of those specified in the contract. The State CIO may utilize cost savings realized on government vendor partnerships as performance incentives for an information technology vendor.
PERFORMANCE CONTRACTING. Should the District consider establishing a system of Performance Contracting with an outside agency, the District will consult with the Association. Should it be necessary, the Association President will have the right to present the Association’s recommendations to the Board.
PERFORMANCE CONTRACTING. The Board shall enter into an agreement for Performance Contracting only after conducting a thorough study of the needs and feasibility for such a program. Provision shall be made by the Board for active participation by the professional staff in conducting the study, in appraising the study following its completion, and in providing an advisory service to the Board in establishing priorities of instructional need.
PERFORMANCE CONTRACTING. Performance contracting (PC) is a management tool for measuring performance against negotiated performance targets. It is freely negotiated performance agreement between a government, acting as the owner of a public agency and the management of the agency. The performance contract specifies the mutual performance obligations, intentions and responsibilities of the two parties (GoK, 2007). The process emphasizes outputs or results instead of inputs, rules, improve target-setting and follow-up. Result negotiations and performance contracts represent decentralized, flexible ways of making government agencies more cost-conscious, responsible and accountable. Like other performance systems, performance contract use financial indicators to measure performance. Performance contracting, balanced scorecard and performance pyramid do not consider interests of all stakeholders but performance prism does. Performance pyramid recognizes hierarchical levels and measures performance at those different levels. Performance contracting when cascaded, measures performance at all levels including individual employees. Performance contract has different effects on performance. Experience in Korea suggested that PC can improve performance. However, the study relied on employee and management opinion (Song, 1988). In India, PC showed improvement in dialogue between state-owned enterprise management and government but the effect on performance is unclear. In China when targets were specified, incentives provided and there was commitment from both parties PC improved productivity ▇▇▇▇▇▇▇ and ▇▇ (1998). PC can also have negative effects on productivity when endogenous nature of PC participation was taken into account in state owned enterprises in China. In China, the assessment of the impact of PC on performance was based on economic performance. ▇▇▇▇▇▇▇ and ▇▇ (1998) did not assess non commercial performance. The current study sought to establish whether PC has improved performance of local authorities. Here performance is operationalized as revenue generation, customer satisfaction, employee satisfaction and work environment. On the other hand, performance contracts may not lead to improved performance in some cases. ▇▇▇▇▇▇▇ and ▇▇ (1998) found that the PC did not improve labour productivity when there was information asymmetry, lack of incentives and commitment of parties to the goals of the contract. Nellies (1988) found unclear effects of PC on performance in France and many A...