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Cover of Development of Performance Contracts and Specifications: Summary Report
Development of Performance Contracts and Specifications: Summary Report
  • Publication no: AP-T25-03
  • ISBN: 0 85588 671 4
  • Published: 1 January 2003
This paper describes a study undertaken for Austroads into the growing use by road authorities of "performance" as opposed to "prescriptive" forms of contracts and specifications, and attempts to quantify the expected benefits from this approach and whether these benefits are achieved in practice. The work draws on a series of industry workshops and consultation questionnaires, documented experiences both in Australasia and overseas, and discussions with parties involved in current performance contracts in Australasia. Significant advantages are claimed for the use of this form or works delivery. In an attempt to answer these claims, Austroads Inc commissioned a study to review the experience to date with performance contracts and specifications, to identify the available evidence, and to develop a framework document which incorporates the lessons learned - both good and bad - to advance the use of this approach. The report proposes a consistent set of terminology for use in such contracts, sets out the reasons for the changes to "performance" documents, and lists the potential benefits that are expected from such agreements. It also examines the risks and constraints associated with this approach, and suggests factors relevant to minimising these risks. The relevance and development of appropriate performance indicators is also discussed. A framework is suggested for performance contracts, drawing on experience to date, to guide the development of future contracts of this n
  • DEVELOPMENT OF PERFORMANCE CONTRACTS AND SPECIFICATIONS — SUMMARY REPORT
  • EXECUTIVE SUMMARY
  • CONTENTS
  • 1. INTRODUCTION
  • 2. PERSPECTIVE
  • 3. TERMINOLOGY
  • 4. DURATION
  • 5. CONTEXT
  • 6. CONTRACT DRIVERS
  • 7. THE REASON FOR CHANGE
  • 8. DEFINING A BENEFIT
  • 9. POTENTIAL BENEFITS
  • 10. RISKS
  • 11. CONSTRAINTS
  • 12. EXTENT OF EXPERIENCE
  • 13. EXPERIENCE TO DATE
  • 14. CONTRACT DETAILS
  • 15. PERFORMANCE INDICATORS
  • 16. CONCLUSIONS
  • INFORMATION RETRIEVAL