TERMIUM Plus®

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TARGET INCENTIVE CONTRACT [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2024-11-21

English

Subject field(s)
  • Finance
  • Government Contracts
CONT

Develop the Incentive Formula.... Target Incentive Fee. Rewards a contractor a set fee for meeting specific performance targets. Performance targets that add value to Canada are clearly outlined in the contract along with the corresponding fee percentage or dollar value.

French

Domaine(s)
  • Finances
  • Marchés publics
CONT

Établir la formule d'incitation. [...] Prime d'incitation cible. Cette formule récompense un entrepreneur par une prime fixe lorsqu'il atteint certains objectifs de rendement précis. Les objectifs de rendement qui ajoutent de la valeur pour le Canada sont clairement décrits dans le contrat, accompagnés du pourcentage ou du montant en dollars de prime correspondant.

Spanish

Save record 1

Record 2 1990-03-02

English

Subject field(s)
  • Government Contracts
  • Property Law (civil law)
CONT

The target-price contract specifies an agreed target price; the contractor is entitled to retain a percentage of any savings if he achieves a lower ultimate cost.

OBS

for "target incentive contract" :target incentive :(contract). 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.

French

Domaine(s)
  • Marchés publics
  • Droit des biens et de la propriété (droit civil)
CONT

Le contrat à prix maximum garanti (...) est une combinaison du contrat à forfait (...) et du contrat avec responsabilité de réalisation. (...) la firme (...) endosse partiellement la responsabilité du prix final en participant aux économies ou aux pertes réalisées par rapport au budget fixé dans le contrat. Cette forme de contrat a connu une certaine vogue en Europe et spécialement en France.

Key term(s)
  • marché à prix maximum garanti

Spanish

Save record 2

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