-
Recent Posts
- Commercial Special Sauce – Trust
- Welcome to 2022! (and a belated Happy Holidays)
- Presenting at 2021 Virtual Academic Symposium on “Relational Contracting: Theory and Practice”
- Happy 2020 Holidays to all the Performance Based Contracting (PBC) Blog Readers
- Responding to a Performance Based Contract (PBC)
Archives
- January 2022 (1)
- December 2021 (1)
- April 2021 (1)
- December 2020 (1)
- September 2020 (1)
- July 2020 (1)
- June 2020 (1)
- May 2020 (2)
- March 2020 (1)
- January 2020 (2)
- December 2019 (2)
- October 2019 (2)
- September 2019 (4)
- August 2019 (2)
- April 2019 (2)
- March 2019 (2)
- February 2019 (1)
- January 2019 (2)
- December 2018 (1)
- November 2018 (3)
- October 2018 (2)
- September 2018 (1)
- July 2018 (2)
- June 2018 (1)
- May 2018 (3)
- April 2018 (2)
- March 2018 (2)
- February 2018 (2)
- January 2018 (2)
- December 2017 (4)
- October 2017 (1)
- September 2017 (2)
- August 2017 (2)
- July 2017 (2)
- June 2017 (2)
- May 2017 (3)
- April 2017 (1)
- January 2017 (1)
- December 2016 (1)
- October 2016 (2)
- September 2016 (2)
- August 2016 (1)
- July 2016 (1)
- June 2016 (2)
- April 2016 (1)
- February 2016 (1)
- January 2016 (1)
- December 2015 (2)
- October 2015 (1)
- September 2015 (1)
- July 2015 (2)
- June 2015 (2)
- April 2015 (3)
- March 2015 (2)
- February 2015 (3)
- January 2015 (6)
- March 2014 (1)
- January 2014 (4)
-
- Follow Performance Based Contracting (PBC) Blog on WordPress.com
Sponsored by
Tag Archives: Basis of Payment
The Mathematics of a Performance Based Contract (PBC) – Part 2
In the previous article (see The Mathematics of a Performance Based Contract (PBC) – Part 1) I described how a standard Australian Department of Defence Non-Linear PBC Payment Curve could be described by 2 equations for straights lines of the … Continue reading
The Mathematics of a Performance Based Contract (PBC) – Part 1
Over the 15 years of applying and teaching Performance Based Contracting (PBC) I have always had trouble trying to describe the mathematics of PBCs, especially to those who Reminded by my family’s current viewing of the US TV Series, Numbers, … Continue reading
Cost Performance Measures
Business, that’s easily defined – it’s other people’s money. Peter Drucker In addition to using the Basis of Payment as a method for shaping the cost behaviour of the seller it is also possible to use a “cost” performance measure … Continue reading
Payment Curve (Part 3) – Alternate Payment Curves
In a previous post we looked at the common types of Payment Curves used in a Performance Based Contract (PBC). These were the All or None Payment Curves, Linear Payment Curves and the Non-Linear Payment Curves. In this post we … Continue reading
Payment Curves (Part 2) – Common Performance Curves
In an earlier post we described the role and common features of a Payment Curve used in a Performance Based Contract (PBC), including the difference between Achieved Performance and the Adjusted Performance Score. In the first of two posts we will … Continue reading
Payment Curves (Part 1)
Changes to Contractor payments based on Contractor performance is one of the fundamental tenets of the Performance Based Contracting (PBC) approach. While changing payment uses a variety of methods, all typically use a Payment Curve to describe how to change the payments. But, before we look at … Continue reading
Carrot and Stick (Part 2)
In part 1 of this article we spoke about the 2 types of approaches to incentives; Approach 1 being negative incentives (stick) and Approach 2 being positive incentives (carrot). We also introduced a behaviour called loss aversion which describes how … Continue reading
Performance Based Contracting (PBC) Blog 