TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TARGET INCENTIVE [1 record]

Record 1 1990-12-13

English

Subject field(s)
  • Law of Contracts (common law)
  • Trade
  • Government Contracts
DEF

A contract where a bonus is paid on the basis of agreed sharing of savings relative to the target cost. May also provide for reduction in profits where target cost is exceeded.

OBS

Standardized by the CGSB.

French

Domaine(s)
  • Droit des contrats (common law)
  • Commerce
  • Marchés publics
DEF

Contrat qui prévoit le versement d'une prime fondée sur la répartition convenue des économies réalisées par rapport au coût indicatif. Une diminution des bénéfices peut également être prévue lorsque le coût réel est supérieur au coût indicatif.

OBS

Normalisé par l'ONGC.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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