Performance Management: Performance Based Contracting Best Practices
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We are seeking information on performance based contracting best practices to induce supplier performance through incentives or penalties, and to put more delivery and performance teeth into contracts and sourcing efforts.
How did your organization begin to utilize a Statement of Objectives in contracting?
What were the biggest challenges in writing a Statement of Objective and identifying key metrics? How did you overcome these challenges?
What are some examples of key metrics used to incentivize performance?
If you wish to donate any templates or tools to this inquirer or to the SIG Resource Center, please feel free to email Mary Zampino directly at mzampino@sig.org. All templates and tools can be scrubbed by SIG and approved by you before posting.
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We are seeking information on performance based contracting best practices to induce supplier performance through incentives or penalties, and to put more delivery and performance teeth into contracts and sourcing efforts.
If you wish to donate any templates or tools to this inquirer or to the SIG Resource Center, please feel free to email Mary Zampino directly at mzampino@sig.org. All templates and tools can be scrubbed by SIG and approved by you before posting.
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