This session will review how to implement a Performance-Based contract. Attendees will review the traditional service contracts versus performance-based contract and review key principles. Learn what works and what does not when considering a Performance-Based contracting strategy for building oweners and managers.
1. Understand the 14 steps that define a successful PBC life cycle
2. Review the reason for price variability and why it is a deal breaker: the 30% margin
3. Learn the magic-four Key Performance Indicators (KPI’s) and how to measure
4. Review a proven Performance-Driven strategy for service provider evaluation and selection