Need to write or administer a Performance Based Contract (PBC)? Want to understand the basics of PBC? The Federal government has been talking about, in fact requiring their agencies to utilize, PBC methods for close to 20 years. According to a GOA report written in 2002: To achieve greater cost savings and better outcomes, the Congress and the administration have encouraged greater use of performance-based service contracting. Today organizations and institutions outside of the US Government are also talking about performance-based contracting. Smarter facility management drives smart business. PBC is “smart business”. It has been shown to increase the quality of the services provided and decrease over-all costs.
- Learn the difference between performance-based and prescriptive contracts
- Understand the advantages and challenges to performance-based contracting
- Discover a repeatable methodology for writing performance-based service contracts
- Learn how to administer a performance-based contract