Underpinned by comprehensive contract due diligence, P3rform’s integrated payment mechanism gives confidence to all parties that the P3 project will operate as the contract interpretation is intended, providing reports and trend analysis of service failures, deductions and rolling thresholds values.
Fully aligned with the P3 contractual terms, our P3 paymech software ensures that services are delivered on time and within budget, meeting the client’s needs and minimizing deductions for the service provider. With full audit compliance, P3rform strengthens the client–service provider relationship, delivering complete transparency and ensuring value for money over the lifetime of the P3 contract.
- Rapid calculation of monthly deductions, including painshare / gainshare rebates and ratchets
- Reduces risk by identifying under-performance and impending failures
- Automated reporting, linked to unique contractual parameters, ensures full audit compliance
- Instant access to performance information by all parties, promoting transparency and trust
- Demonstrates value for money to all stakeholders
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