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Category Archives: Benefits
Performance Based Contracting (PBC) Incentive Regime (Part 1)
“Incentive – a thing that motivates or encourages someone to do something.” Oxford Dictionary There is a lot of debate on the use of incentives in Performance Based Contracts (PBC). Some argue, especially buyers from public sector organisations (e.g. state … Continue reading
Posted in Benefits, Incentives, the Why
Tagged incentive, PBC, PBL, Performance Based Contracting, Performance Based Logistics, weighted performance score, WPS
2 Comments
Benefits of a Performance Based Contract
A common Performance Based Contract (PBC) question is what benefits do they offer over more conventional / traditional contracts? While there is a lot of discussion on this topic, most is based on anecdotal evidence. The lack of evidence is due to PBC success … Continue reading