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Performance Based Contracting (PBC) is not just about key performance indicators. The effective implementation of PBC should tightly integrate all aspects of contract performance from contract terms and conditions, price and payment, through to the performance management framework.
QinetiQ maintains a dedicated team of PBC specialists to ensure that our customers can effectively develop, review, negotiate and implement contractual frameworks for the delivery of products or services whereby payment is directly related to performance. We offer a range of support to both contracting agencies and contractors for individual tasks, such as independent red-team review and client training, through to a complete turn-key contract performance framework solution.
We have the unique capability to quantitatively determine and communicate the level of risk associated with individual PBC arrangements. Long-term management of these risks is often the difference between project success and failure.
QinetiQ maintains a dedicated team of PBC specialists to ensure that our customers can effectively develop, review, negotiate and implement contractual frameworks for the delivery of products or services whereby payment is directly related to performance. We offer a range of support to both contracting agencies and contractors for individual tasks, such as independent red-team review and client training, through to a complete turn-key contract performance framework solution.
We have the unique capability to quantitatively determine and communicate the level of risk associated with individual PBC arrangements. Long-term management of these risks is often the difference between project success and failure.
Performance Based Contracting
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QinetiQ Group PLC, Company Registration No 4586941, Registered Office 85 Buckingham Gate, London SW1E 6PD