Tag Archives: weighted performance score

Performance Based Contracting (PBC) Incentive Regime (Part 1)

Posted on Sun 10 Sep 2017 by

“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 , , , , , , | 2 Comments

Performance Measure Gate

Posted on Tue 30 Aug 2016 by

One advanced, yet uncommon, approach to performance management in a Performance Based Contract (PBC) is the concept of a performance measure ‘gate’ which modifies the overall Weighted Performance Score (WPS) based on specific criteria. A gate can be used where … Continue reading →

Posted in Basis of Payment, Performance Measure, the How | Tagged , , , , , , | 1 Comment

Performance Measure Weighting

Posted on Sun 10 Jul 2016 by

Up until now we have spoken about single performance measures. However, typically a Performance Based Contract (PBC) will use more than 1 performance measure. Therefore, the question is how do we amalgamate two or more performance measures into one overall … Continue reading →

Posted in Performance Measure, the How | Tagged , , , , , , , , , , | 6 Comments