Employment Performance Contract Sample Template Page 11
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12This document has been prepared for the purposes of the
PPP IN INFRASTRUCTURE RESOURCE CENTER FOR CONTRACTS, LAWS AND REGULATIONS (PPPIRC)
website. It is a sample document FOR REFERENCE PURPOSES ONLY and SHOULD NOT BE used as a "model".
The inclusion of any legal materials on the PPPIRC website does not mean that they are in any way approved,
endorsed or recommended by the World Bank Group or its affiliates. Legal advice should be sought to determine
whether a particular legal document is appropriate for any given project, and how the specific terms of the document
should be adapted to fit the circumstances of that project
(a)
Board Members (for aggregate indicator performance of 39% and
below):
Board to be replaced.
(b)
Board Members (for aggregate indicator performance between 40 and 69%):
Sitting allowances shall not be increased.
(c)
Management Team (for aggregate indicator performance of 39% and below):
Replace management team, as appropriate.
(d)
Management Team (for aggregate indicator performance between 40
and 69%):
Salaries and fringe benefits shall not be increased.
ARTICLE 9: AMENDMENTS AND REPORTS
9.1
Amendments
This Contract or any part thereof may at any time be modified or amended to in writing by mutual
agreement of Power Company and Government.
9.2
Reports
Reporting on this Contract will be conducted during and at the end of each financial year that the
Contract has been in force, as specified below.
9.2.1
Quarterly progress reports will be prepared by Power Company and submitted to the
Government.
9.2.2
Four months after the end of the financial year under review, Power Company will
submit a report to the MoE:
(a)
containing specific details on its operational achievements relative to performance
indicators in accordance with the provisions of Article 5 of this Contract;
(b)
incorporating the results of a special audit report on the public service obligations
including the rural electrification projects undertaken by Power Company which shall
record all bills submitted to the Government and the expenditures on behalf of the
Government for settlement. In addition to the aforementioned, the audit report shall
comment on the performance of the Government in settling outstanding bills
appertaining to services rendered by Power Company on its behalf during the year
under review and Power Company's performance in delivering public services;
(c)
commenting on the performance of the Government in meeting its obligations under
the Contract, including but not limited to:
PPP in Infrastructure Resource Center for Contracts, Laws and Regulations (PPPIRC)
Reviewed: Victoria R. Delmon, LEGPS
February 2008
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