Overview
In traditional road construction and maintenance contracts, contractors are responsible for the execution of works and are paid on the basis of unit prices for different work items. The results are in many cases less-than-optimal because the contractor is incentivized to carry out the maximum amount of works, in order to maximize its turnover and profits. Under Performance-based contracts, contractors have a strong financial incentive to be both efficient and effective whenever they undertake work through intelligently designed interventions which ensure that pre-defined indicators of Service Level are achieved and maintained over time.
In this globally recognized executive seminar, international experts representing the fields of contract management, financing and sustainable transport policy development have been scheduled to present best practices and case studies in performance-based contracting. The program will include a five-day program of presentations and discussions about performance-based contracts and a two-day program of technical site visits.
IRF’s Executive Seminars are specifically developed to meet the needs of today’s highway managers. Whether you are a representative of a highway agency, a member of a financing institution, consultant or contractor, IRF seminars will give you the necessary tools to make improvements in your organization. Our mission is facilitate progress whenever and wherever we can by organizing constructive events, furnishing needed information and assisting with the training and transfer of best practices and technologies around the world.
As part of a global effort to foster awareness of the importance of Sustainable Infrastructure Development, international lending organizations and donor agencies such as the World Bank currently provide loans and technical assistance to support the development and implementation of programs that assist highway agencies and strengthen local commerce and industry.
Course Outcomes
- Learn how PBCs can play a key role in preserving your most valuable assets
- Develop a Business Case for PBCs
- Define and Measure Risk under PBCs
- Successfully manage the Client-contractor Relationship
- Learn the key implementation success factors
- Get exposed to global and regional PBC best practices
- Discover solutions to road delivery and maintenance problems faced in your country
- Receive IRF Certification
Target Audience
- Road & Transport Agencies Executives
- Engineers and Managers involved in Highway Maintenance
- Private Consultants & Contractors
- Engineering Firms
- Toll Operators
- Service Providers
From the Chairman
As the road industry’s most trusted brand in continuing education, the IRF provides road professionals with educational opportunities that are recognized worldwide by engineering and transportation societies. IRF’s Global Training Curriculum provides technical expertise in classroom and practical settings where attendees can learn from and have direct access to seasoned professionals. Each course is designed to assist attendees in learning to correctly apply the knowledge gained and provides the most relevant, up-to date information on best practices and technological solutions.
IRF Executive Seminars are specifically developed to meet the needs of road executives. Whether you are a representative of a highway agency, a member of a financing institution, consultant or contractor, IRF Executive Seminars will give you the necessary tools to deliver improvements to your organization.
As the IRF Chairman, I encourage you to make the most of these opportunities and help fulfill IRF’s vision of better roads for a better world.
H.E. Eng. Abdullah A. Al-Mogbel
IRF Chairman
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