Concept information
Preferred term
performance contracting
Definition
- Performance contracting is a process that permits companies to investigate alternatives for increasing utility efficiency or exploring innovative educational reform initiatives without bearing the full cost of those endeavors. Educational organizations usually demonstrate examples of efficiency, shared-savings, or cost-savings performance contracting and educational performance contracting. [Source: Encyclopedia of Educational Reform and Dissent; Performance Contracting]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/performance_contracting
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