Scorecard Input Forms
Source: Elliott Affiliates, LTD.
The performance-payment connection found in performance-based contracts means that payment to the contractor is linked to the performance delivered to the Buyer
The performance-payment connection found in performance-based contracts means that payment to the contractor is linked to the performance delivered to the Buyer. Contractors can be paid more (or less) than their bid, depending on the measured performance actually delivered. Below is a typical scorecard mechanism.
Elliott Affiliates, LTD., 11350 McCormick Road, EP3, Suite 600, Hunt Valley, MD 21031. Tel: 800-626-6807; Fax: 410-584-2634.