If you missed FEA’s free webinar on “Performance Based Contracting” with Kathy Powers, P.E. and Rich Rosenthal as they discussed how the Central Piedmont Community College (CPCC) applied PBC concepts to increase quality of services and decrease costs, please click here for the presentation.
Click here for the webinar.
The webinar covered the following:
Are you getting your money’s worth out of your O&M Contracts?
Performance based contracting (PBC) reduces maintenance costs through the application of more effective and efficient technologies and work procedures. PBC is also called outcome based contracting because the specification focuses on outcomes not inputs; results of the service provider’s work not on the work itself; the cleanliness of the bathroom not how it was cleaned. Performance specifications set quality-related targets that allow the service provider flexibility in determining the most appropriate processes. The intent is to give the service providers the freedom to determine how to perform and to encourage innovation, while giving you the best value.
- Learn the difference between performance based and prescriptive contracts (traditional).
- Understand the advantages and challenges to performance based service contracting.
- Discover a repeatable methodology for writing and administrating performance based service contracts
For more information or calendar invitations to FEA-U sessions, please contact us at firstname.lastname@example.org.