“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 outcomes as opposed to either the manner by which the work is to be performed or broad and ...
A Performance Agreement is a document that outlines the expectations of both parties in a work relationship. It is a way to ensure that both parties have agreed to the same terms and conditions, and is used to outline performance expectations, roles and responsibilities, timelines, and other pertinent information.
Performance agreements define executive accountability for specific organizational goals, help executives align daily operations, and clarify how work unit activities contribute to the agency's goals and objectives. Collaboration across organizational boundaries.
Contract performance management provides a methodical and evidence-based approach to ensure: performance indicators in current agreements are standardised and in some instances reduced. equitable, transparent and accountable relationships. shared understanding of roles, responsibilities and accountabilities.
Follow these steps to put an effective performance agreement in place for your staff: Start With Clear Expectations. Build in Milestones. Agree on the Terms. Schedule Accountability Meetings. Establish Outcome Results and Consequences. Sign and Date the Agreement.
For example, a contract for the sale of a specific piece of property, from which the owner pulls out, may result in a specific performance order requiring the seller to complete the sale to put the buyer in the position they would have enjoyed if the contract had been honored in the first place.
Performance contract for mental health, developmental, and substance abuse services. A. The Department shall develop and initiate negotiation of the performance contracts through which it provides funds to community services boards to accomplish the purposes set forth in this chapter.
Performance Agreement: An arrangement between an employer and an employee, or a business and a contractor, which outlines the terms, expectations, goals, and standards of performance for each party. Scope: The range of activities, duties, and expectations covered by an agreement.