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A review of performance-based contracting [electronic resource]

By: Contributor(s): Language: English Series: RICS ResearchPublication details: London RICS 2011ISBN:
  • 9781842196236
Subject(s): Online resources: Summary: Looks at performance-based contracting, a method of contracting which is based on the postconstruction performance of a building or structure rather than the cost of materials and labour that produced it. Payments by the client are therefore spread throughout the contract period (beginning on completion) and not as interim payments during construction.

Looks at performance-based contracting, a method of contracting which is based on the postconstruction performance of a building or structure rather than the cost of materials and labour that produced it. Payments by the client are therefore spread throughout the contract period (beginning on completion) and not as interim payments during construction.