Performance-based payments

2.4.16  Performance based payments are typically only used to address levels of service performance that do not have a direct impact on the availability of the required services/facilities. Performance based payments are also used for payment of non-essential services, e.g. school bus service for schools PPP project.

2.4.17  When developing performance-based payments, public agencies should decide on:

a)  The standard or level of performance required;

b)  The means to monitor the provider's performance against the required standard; and

c)  The consequences of a failure to meet the required standard, e.g. quantum of penalties suffered due to a fall in performance standards.