Incentive Evaluation Sample Clauses

Incentive Evaluation. The milestone schedule in Attachment J-3, including the schedule of milestones (1 through 7), reflect the Government’s critical path to complete Alteration Installation Team (AIT) & 3rd Party Trade efforts and Government & 3rd Party test and trials. Therefore, the early completion of the Availability is dependent on the early completion of ALL milestones (1 through 7). The Contractor shall complete all work required by Section C and Attachment J-1 associated with the Key Event milestones listed above to be eligible for any incentive herein. Award of this performance incentive will be determined as follows: For Milestones (1 through 7), the number of days that the milestone is completed early will be computed using the following formula: D(x) = P(x) – A(x) Where: A(x) = Actual Completion Date for milestone (x) P(x) = Planned Completion Date for milestone (x), as provided in attachment J-3 D(x) = Days Early Completion for milestone (x) Note 1: A(x) shall be based on the Government’s acceptance of the contractor meeting the requirements of Section C paragraph 3.5. For Milestones 1 through 7, the incentive earned for each milestone is computed using the following formula: Milestone 1 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 2 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 3 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 4 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 5 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 6 D(x) * $30,000 (with a maximum D(x) of 5 days; Max incentive earned = $150,000) Milestone 7 D(x) * $20,000 (with a maximum D(x) of 5 days; Max incentive earned = $100,000) The total maximum incentive the contractor can earn across Milestones1 through 7 is $1,000,000.
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Related to Incentive Evaluation

  • Performance Evaluation The Department may conduct a performance evaluation of Contractor’s Services, including Contractor’s Subcontractors. Results of any evaluation may be made available to Contractor upon request.

  • Performance Evaluations 34.1. The Contractor is subject to an annual performance evaluation to be conducted by NYCDOT pursuant to the PPB Rules.

  • EMPLOYEE EVALUATION 14.1 The purpose of employee evaluation is to support decisions concerning employee discipline, promotion and improvement. Evaluation shall be the responsibility of the immediate supervisor who shall not be a member of the bargaining unit.

  • Administrative Evaluation It is the intent of the SCD administration to conduct evaluations of non-priority- hire faculty as early as possible in a faculty member's employment in an SCD instructional unit. Administrative evaluation should occur before the beginning of the fifth quarter within the nine (9) out of twelve (12) quarter sequence outlined in Article 10.7.a.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • JOC EVALUATION If any materials being utilized for a project cannot be found in the RS Means Price Book, this question is what is the markup percentage on those materials? When answering this question please insert the number that represents your percentage of proposed markup. Example: if you are proposing a 30 percent markup, please insert the number "30". Remember that this is a ceiling markup. You may markup a lesser percentage to the TIPS Member customer when pricing the project, but not a greater percentage. EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project. You would buy the materials and xxxx them up to the TIPS Member customer by the percentage you propose in this question. If the materials cost you, the contractor, $100 and you proposed a markup on this question for the material of 30 percent, then you would charge the TIPS Member customer $130 for the materials. No response TIPS/ESC Region 8 is required by Texas Government Code § 791 to be compensated for its work and thus, failure to agree shall render your response void and it will not be considered. Yes - No Vendor agrees to remit to TIPS the required administration fee or, if resellers are named, guarantee the fee remittance by or for the reseller named by the vendor?

  • Annual Evaluation The Partnership will be evaluated on an annual basis through the use of the Strategic Partnership Annual Evaluation Format as specified in Appendix C of OSHA Instruction CSP 00-00-000, OSHA Strategic Partnership Program for Worker Safety and Health. Xxxxxxxxx & Xxxxxx will be responsible for gathering required participant data to evaluate and track the overall results and success of the Partnership. This data will be shared with OSHA. OSHA will be responsible for writing and submitting the annual evaluation.

  • EMPLOYEE EVALUATIONS 3. Any matter for which there is recourse under State or Federal statutes.

  • Summative Evaluation An evaluation used to arrive at a rating on each standard, an overall rating, and as a basis to make personnel decisions. The summative evaluation includes the Evaluator’s judgments of the Educator’s performance against Performance Standards and the Educator’s attainment of goals set forth in the Educator’s Plan.

  • EMPLOYEE PERFORMANCE EVALUATION Purpose: To provide the policy and procedures for assessing employee performance and communicating the results of assessment to the employee and to others using assessment information in personnel decisions, and further to express the mutual commitment of the parties to the University’s values.

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