Performance-based contracting means the structuring of all
Performance-based contracting means the structuring of all aspects of the procurement of services around the purpose of the work to be performed and the desired results with the contract requirements set forth in clear, specific, and objective terms with measurable outcomes. Contracts shall also include provisions that link the performance of the contractor to the level and timing of reimbursement.
Performance-based contracting means structuring all aspects of the procurement of services around the purpose of the work to be performed and the desired results with the contract requirements set forth in clear, specific, and objective terms with measurable outcomes and linking payment for services to contractor performance.
More Definitions of Performance-based contracting
Performance-based contracting means a system of contracting with service providers for the provision of residential or nonresidential services that:
Performance-based contracting means structuring all aspects of an acquisition around the purpose of the work to be performed with the contract requirements set forth in clear, specific, and objective terms with measurable out- comes as opposed to either the manner by which the work is to be performed or broad and imprecise statements of work.
Performance-based contracting means contracts for which
Performance-based contracting means contracts for which payment is conditional on achieving contractually specified energy savings.
Performance-based contracting means the
Performance-based contracting means structuring all aspects of the service contract
Performance-based contracting means structuring all aspects of the procurement of