Minimum Production Requirement. The Participating Contractor is required to report, annually, a minimum of twelve (12) completed projects, and/or at least $48,000 in completed, eligible work. Following the execution of this Agreement, Contractor performance will be evaluated at 6 months. Contractors not on pace to meet minimum production requirements will be required to work with their account manager and submit a work plan for meeting Program production requirements. A Participating Contractor that fails to meet the production requirement one year after the execution of this Agreement will be placed on probation for a period of 90 days. During that time the Participating Contractor will be required to meet the annual production requirement or report a minimum of three (3) completed projects, averaging at least $4,000, to the Program. If a Participating Contractor fails to meet the project completion requirement during the probationary period, their participation in the Program will be subject to termination. Refer to Section 10.01 for additional information about Program disciplinary designations.
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Samples: Contractor Participation Agreement, Contractor Participation Agreement, Contractor Participation Agreement
