In this section:
Creating performance-based contracts
Cogitare can assist transform performance models, and performance measurement processes, into performance-based contracts which will measure and reward improvements to "final output" or passenger benefits.
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How this improved performance is achieved is generally then left to the contractor to determine. Cogitare can also assist the contractor to maximise their own performance-related profits.
Experience
Cogitare assisted London Underground convert performance measurement techniques and modelling into the Public Private Partnership (PPP) performance-based contract. This included authoring sections of the Contract relating to infrastructure performance measurement. Please refer to the Case Study: Cogitare and the London Underground Public Private Partnership for further details.
