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UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENTPerformanceBased Annual Contributions Contract (ACC)6.22.11Page 1UNITED STATES Department of Housing and Urban Development PERFORMANCEBASED

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What is performance-based annual contributions contract?

A performance-based annual contributions contract is a type of agreement between a contractor and a client where payment is based on the performance or achievement of agreed-upon objectives.

Who is required to file performance-based annual contributions contract?

Contractors who enter into performance-based annual contributions contracts are required to file them.

How to fill out performance-based annual contributions contract?

To fill out a performance-based annual contributions contract, contractors must provide details on the objectives, performance metrics, payment structure, and other relevant information.

What is the purpose of performance-based annual contributions contract?

The purpose of a performance-based annual contributions contract is to align incentives between the contractor and the client, and to ensure that payment is tied to the achievement of desired outcomes.

What information must be reported on performance-based annual contributions contract?

Information such as objectives, performance metrics, payment terms, and reporting requirements must be reported on a performance-based annual contributions contract.

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