PERFORMANCE CONTRACTING Sample Clauses

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.
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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.
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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.
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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.
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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.
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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.
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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...
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Related to PERFORMANCE CONTRACTING

  • Performance Excused The Affected Party, to the extent rendered unable to perform its obligations or part thereof under this Agreement as a consequence of the Force Majeure Event shall be excused from performance of the obligations. Provided that, the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. Provided further, nothing contained herein shall absolve the Affected Party from any payment obligations accrued prior to the occurrence of the underlying Force Majeure Event.

  • Performance Expectations The Charter School’s performance in relation to the indicators, measures, metrics and targets set forth in the CPF shall provide the basis upon which the SCSC will decide whether to renew the Charter School’s Charter Contract at the end of the charter term. This section shall not preclude the SCSC from considering other relevant factors in making renewal decisions.

  • Performance Conditions The Shares shall be issuable only if (and to the extent) that the Performance Criteria, set forth herein, are satisfied during the Performance Period. The Controller of the Company and the Compensation Committee of the Board of Directors of the Company shall certify whether, and to what extent, the Performance Criteria have been achieved. If the minimum performance is not met, no Shares shall be issued and the Award shall be forfeited.

  • Performance Condition Notwithstanding the vesting schedule stated in the Award Notification, your Restricted Shares shall not vest unless the Company achieves positive Adjusted Net Earnings in any fiscal year during the term of the Award. “Adjusted Net Earnings” means net earnings determined in accordance with GAAP as publicly reported by the Company for a fiscal year, adjusted to eliminate the following: (1) the cumulative effect of changes in GAAP; (2) gains and losses from discontinued operations; (3) extraordinary gains or losses; and (4) any other unusual or nonrecurring gains or losses which are separately identified and quantified, including merger related charges. 

  • PERFORMANCE OBJECTIVES 4.1 The Performance Plan (Annexure A) sets out- 4.1.1 the performance objectives and targets that must be met by the Employee; and 4.1.2 the time frames within which those performance objectives and targets must be met. 4.2 The performance objectives and targets reflected in Annexure A are set by the Employer in consultation with the Employee and based on the Integrated Development Plan, Service Delivery and Budget Implementation Plan (SDBIP) and the Budget of the Employer, and shall include key objectives; key performance indicators; target dates and weightings. 4.2.1 The key objectives describe the main tasks that need to be done. 4.2.2 The key performance indicators provide the details of the evidence that must be provided to show that a key objective has been achieved. 4.2.3 The target dates describe the timeframe in which the work must be achieved. 4.2.4 The weightings show the relative importance of the key objectives to each other. 4.3 The Employee’s performance will, in addition, be measured in terms of contributions to the goals and strategies set out in the Employer’s Integrated Development Plan.