TERMIUM Plus®

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PERFORMANCE-BASED AGREEMENT [1 record]

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Record 1 2015-04-23

English

Subject field(s)
  • Government Contracts
CONT

P3s [public-private partnerships] are governed by one performance-based agreement. The government makes a series of payments to the private sector that may be subject to a holdback provision if the obligations are not met according to the predetermined performance specifications.

French

Domaine(s)
  • Marchés publics
CONT

Les PPP [partenariats public-privé] sont régis par un accord axé sur le rendement. Le gouvernement fait des versements échelonnés au secteur privé qui peuvent être soumis à une clause de retenue en cas de manquement aux obligations selon les spécifications prédéterminées relatives au rendement.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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