Traditional road construction and maintenance contracts typically compensate contractors based on unit prices for individual work items. While straightforward, this approach often leads to suboptimal outcomes. Because contractor revenues are directly tied to the volume of work performed, there is little incentive to optimize interventions or adopt more efficient methods. The result is frequently higher costs, extended project timelines, and inefficiencies in asset management.

Performance-Based Contracts (PBCs) offer a fundamentally different model. By linking payments to the achievement of predefined Service Level indicators rather than quantities of work completed, PBCs create strong financial incentives for contractors to plan strategically, innovate, and deliver durable results. This outcome-oriented approach aligns contractor objectives with those of highway agencies, promoting efficiency, accountability, and the long-term sustainability of road assets.

This shift toward performance-based approaches is closely aligned with global priorities for Sustainable Infrastructure Development. Leading international financial institutions and donor agencies—including the World Bank—are actively advancing these models through financing, policy guidance, and technical assistance. Their support reflects a growing recognition that well-managed road networks are essential to strengthening local economies, facilitating trade, and enhancing resilience. In this context, performance-based contracting has emerged as a key mechanism for achieving lasting infrastructure and economic benefits.

Seminar Highlights

Join a globally recognized Executive Seminar where international experts in contract management, financing, and sustainable transport policy will share best practices and case studies in performance-based contracting, including a special session on the Georgia experience. The instructors include a team of experienced PBC experts and practitioners from around the world. The seminar features:

• A five-day program of targeted presentations, country case studies, and interactive discussions.
• A two-day schedule of technical site visits that bring real-world examples to life.
• Complimentary Access to the IRF Europe & Central Asia Regional Congress (September 30 – October 2, 2026 – Tbilisi, Georgia)

Learning Objectives

• 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 and Transport Agencies Executives
• Engineers and Managers involved in Highway Maintenance
• International Financial Institutions
• Private Consultants and Contractors
• Service Providers

Dr. Asif Faiz | Advisor, Asian Development Bank & World Bank

Dr. Asif Faiz is a former World Bank Highways Adviser and Infrastructure Sector Manager with some 40 years of experience in designing, managing and implementing transport development policies, programs and projects in more than 40 developing countries. After retiring from the World Bank in 2008, he has consulted as a technical and policy advisor for the World Bank Group- public investment programs and projects covering motorways, airports, highway improvement and maintenance programs, rural roads, and transport services in more than 20 countries. He managed the World Bank’s infrastructure program in Latin America in 1990s, under which area-wide performance-based road maintenance contracts were implemented in Argentina and Uruguay. He helped initiate similar maintenance contracts in Georgia and hybrid PBMCs in Tonga. Dr. Faiz owns and operates Faiz and Associates LLC, an advisory consultancy in international development, transport, urban planning and fragile states.

Janusz Sobieniak | PBC Consultant, ADB & The World Bank

Janusz Sobieniak is a professional engineer and transport sector specialist with more than 30 years of experience the fields of national/regional planning, project preparation, project management, asset management and institutional strengthening in the road and civil aviation sectors. He has led multi-disciplinary teams in successfully planning and implementing improvements to transport infrastructure and services across the Americas, Africa, Europe, Asia and the Pacific. His focus is assisting national and local transport administrations to strengthen their business processes and adopt international best practices in infrastructure planning, design, procurement, project management and maintenance. He has worked with the World Bank, Asian Development Bank, European Bank of Reconstruction and Development, European Union and Canadian, UK and US bilateral development agencies and is familiar with donor policies and procedures.

Previous Supporting Instructors & Guest Speakers

• Chris Bennett, Consultant, Former World Bank (New Zealand)
• Adrian Burde, Consultant to the Virginia Department of Transportation (USA)
• Ben Gericke, Consultant, Former World Bank (USA)
• Lars Forslof, CEO, Roadroid (Sweden)
• Gurshuran Gill, Consultant and Risk Management Specialist (India)
• Steve Griffith, Roy Jorgenson Associates (USA)
• Wayne Hatcher, WSP (New Zealand)
• Marghoob Hussein, Senior Procurement Specialist, World Bank (USA)
• Eric Lancelot, Principal Transport Specialist, World Bank (USA)
• Norashikin Mohammed Ali, Principal Manager, Land Transport Authority (Singapore)
• Pekka Pakalla, Consultant (Finland)
• Cesar Querioz, Former Highways Advisor, World Bank (USA)
• Andreas Schliessler, PBC Expert, Former World Bank (Chile / Germany)
• Martijn van Gils, Principal, Royal Oak Consultancy (Netherlands)
• Artan Tappia, Procurement Consultant, Albania Roads Authority (Albania)

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