Outcome-based Contracts (OBC)

Come May 1, 2020, all government agencies will be required to adopt OUTCOME-BASED SECURITY CONTRACTS THAT focus on the outputs and OUTCOMES THAT CAN BE CARRIED OUT, which in the long term can resolve manpower issues and reduce costs.In line with this implementation, this workshop is specifically designed to provide attendees the ins and outs of Outcome-based Contracts. What will you learn from attending this workshop: * Understand the different types of contractual arrangements that are available. * Learn how a collaborative, performance based and relational contract will outperform a transactional arrangement in the right circumstances. * Adopt the right tools to to assess your situation and requirements so you can choose the right contractual model. Select the right ‘Go to Market’ approach to find a partner/supplier that is consistent with your chosen contracting method. * Identify and execute a step-by-step guide to developing the right kind of relationships that will support the collaborative, performance based and relational style of contracts. * Adopt the Vested Outsourcing model of collaborative, performance based and relational contracting.