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TENDER NO. Kenya/2042 /2018ROUTINE MAINTENANCE AND SPOT IMPROVEMENT OF LAKSHMI BISON CLIQUE (Lakshmi Goya Km KWS) B82 ROAD. (ALL)SEPTEMBER 2018DIRECTOR (ROAD ASSET & CORRIDOR MANAGEMENT) KENYA NATIONAL
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Begin by clearly defining the objectives and goals of the performance based contract.
02
Determine the key performance indicators (KPIs) that will be used to measure success.
03
Specify the performance standards that must be met or exceeded in order to fulfill the contract.
04
Outline the timeline and milestones for achieving the performance goals.
05
Include any financial incentives or penalties that will be applied based on performance.
06
Clearly state the roles and responsibilities of each party involved in the contract.
07
Detail the reporting and evaluation process that will be used to assess performance.
08
Include provisions for dispute resolution and termination of the contract.
09
Review and finalize the contract with all parties involved.
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Companies or organizations that want to ensure that their contractors or service providers meet specific performance criteria.
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Companies or organizations that want to establish clear expectations and accountability for contracted work.
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Entities that want to incentivize performance improvement and innovation in their contractors.
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Performance based contract is for ensuring that the contracted party meets specific performance criteria.
The parties involved in the contract are required to file the performance based contract.
Performance based contract can be filled out by including all the necessary performance criteria and terms agreed upon by both parties.
The purpose of performance based contract is to ensure that the contracted party meets the specified performance standards.
Information such as performance criteria, terms of the contract, responsibilities of each party, and consequences for not meeting performance standards must be reported on the performance based contract.
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