Tag Archives: payment curve

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

Posted in Consequence Analysis, payment curve, Performance Measure, the How | Tagged , , , , , , , | 1 Comment

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

Posted in Basis of Payment, payment curve, the How | Tagged , , , , , | 1 Comment

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

Posted in Basis of Payment, payment curve, the How | Tagged , , , , , | 2 Comments

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

Posted in Basis of Payment, payment curve, the How | Tagged , , , , , | 2 Comments