[PDF] Guidelines On Performance Contracting eBook

Author : United States Department of Transportation
Publisher : CreateSpace
Page : 110 pages
File Size : 36,84 MB
Release : 2015-02-27
Category : Transportation
ISBN : 9781508651642

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Much of America's transportation infrastructure is reaching the end of its design life and needs to be reconstructed. At the same time, traffic levels and the resulting congestion levels continue to increase steadily. These two factors combined pose a significant challenge to State Departments of Transportation (DOTs) and the Federal Highway Administration (FHWA). To address this challenge, FHWA has been working with State DOTs and industry to develop a “toolbox” of potential solutions. One tool in this toolbox is performance contracting. Performance contracting is an approach where a private contractor is responsible for achieving a defined set of goals, and where performance goals are specified instead of methods. Using a performance contracting approach will allow owner agencies to define and communicate to construction contractors specifically what they and FHWA want to achieve in their construction projects. The construction contractors on performance contracts should share the risks and rewards as a project partner, and defined performance goals and measurement methodologies will provide a basis for applying incentives and disincentives. However, it must be stressed that for a performance contract to be successful, the contractor must be provided with flexibility on how to perform the work and the performance goals must be under the control/influence of the contractor. FHWA has been working over the past 15 years on evaluating alternative contracting procedures under the Special Experimental Projects No. 14 (SEP-14) program. These procedures, which include performance contracting, incentives/disincentives, and Best Value awards, have resulted in time/cost savings and improved contract management. FHWA anticipates that the use of these procedures will expand greatly in the future as a means of addressing current challenges. The purpose of this Guide is to provide States with processes and materials that they can use to accelerate the development of a performance contract solicitation package for construction contracts.

Author :
Publisher : Commonwealth Secretariat
Page : 178 pages
File Size : 48,14 MB
Release : 1995
Category : Business & Economics
ISBN : 9780850924381

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This book sets out in some detail the mechanisms for determining enterprise performance and a framework for assessing enterprise productivity accross the board.

Author : Shirley J. Hansen
Publisher : CRC Press
Page : 175 pages
File Size : 28,6 MB
Release : 2020-11-26
Category : Business & Economics
ISBN : 8770222541

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Performance Contracting is a must-read for those concerned about energy and the environment. It examines state-of-the-art facts and pragmatic realities from financing to measurement and verification, and includes up-to-date how-to's for both end users and energy service companies. Readers will find expert advice on RFPs and RFQs, tips on making an energy project investment worthy, and guidelines for effectively negotiating and developing energy services agreements. They will also learn the key strategies for managing risks, both from a user's and a service provider's point of view, as well as ways to expand business and serve customers more effectively.

Author : James P. Waltz
Publisher : The Fairmont Press, Inc.
Page : 347 pages
File Size : 38,17 MB
Release : 2003
Category : Law
ISBN : 0881734519

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Annotation. Written by a leading expert in the field of measurement and verification, this book provides a truly authoritative resource on the skill and art of managing and monitoring performance contracted energy projects. Following a brief review of the fundamental concepts of performance contracting, the author guides the reader through every aspect of actually implementing a successful performance contract. You'll find out what can lead a project to go wrong, as well as how to monitor and verify a project's true performance all along the way. Numerous case studies and specific project examples are used to clearly illustrate the concepts presented. Comprehensive in scope, and drawn from the author's years of practical experience in the field, this book is essential reading for anyone who is either already involved with or considering use of performance contracting.