Performance-based contract definition
Performance-based contract means an agreement for the purchase of direct client services employing a client-centered, outcome-oriented process that is based on measurable performance indicators and desired outcomes and includes the regular assessment of the quality of services provided. [PL 2007, c. 539, Pt. N, §53 (NEW).]
Performance-based contract means one or more contracts for water conservation services, solid waste reduc- tion services, or energy equipment and services between a municipality and any other persons or entities, if the payment obligation for each year under the contract, including the year of installation, is either: (a) Set as a percentage of the annual energy cost savings, water cost savings, or solid waste cost savings attributable under the contract; or (b) guaranteed by the other persons or entities to be less than the annual energy cost savings, water cost savings, or solid waste cost savings attributable under the contract. Such guarantee shall be, at the option of the municipality, a bond or insurance policy, or some other guarantee determined sufficient by the municipal- ity to provide a level of assurance similar to the level pro- vided by a bond or insurance policy.
Performance-based contract means a contract with an energy service company for evaluation, recommendation or implementation of one or more energy-saving measures. A performance-based contract may be structured as:
More Definitions of Performance-based contract
Performance-based contract means one or more
Performance-based contract means one or more contracts for
Performance-based contract means results-oriented contracting that focuses on the quality or outcomes that tie at least a portion of the contractor's payment, contract extensions, or contract renewals to the achievement of specific measurable performance standards and requirements.
Performance-based contract means a written agreement approved by the board between a claimant and an appropriately licensed contractor, where the contractor agrees for a fixed price to take corrective action to reduce the concentrations of designated constituents of concern to specified concentrations.
Performance-based contract means a contract entered into under ORS 418.580 that:
Performance-based contract means a written agreement between an applicant and an appropriately licensed contractor, where the contractor agrees for a fixed price to take response actions to reduce the concentrations of designated constituents of concern to specified concentrations.
Performance-based contract means a type of fixed unit price contract under which costs may be allocated entirely to the retraining services cost category.