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Good outsourcing programmes take more than a robust contract.
They can't employ staff…they can't give a dentist a robust contract.
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The DWP says the new contract contains "robust contract-management processes", which allows the department to seek "financial compensation" if the supplier is "unable to meet our expectations".
She wants to "raise the bar in a way that is substantial and real, not undercooked and token" and speaks of "professionalising the duty of care" to include housing and transport, sound medical and coaching facilities and decent equipment, all underpinned by robust contracts.
Numerical studies suggested that industry practitioner or leaders could apply this model to their problem to save money and have robust contracts with the best possible suppliers.
Clear and robust contracts with a fair allocation of risk will be key to medicating the situation and protecting suppliers in the sector.
The Bright Side Undersecretary of State Pat Kennedy reminded Congress October 12 without irony that "We have a robust contracting oversight system firmly in place and being executed by our Bureau of Administration.
Key next steps are to develop more robust contracting mechanisms and risk equalization, a legal and technical framework for price caps, and increased autonomy of public hospitals to allow them to retain budget surpluses and thereby strengthen incentives for efficiency [ 49].
The reinsurer designs a robust reinsurance contract that maximizes the penalty-based multiple-priors utility of terminal wealth, subject to the insurer's incentive compatibility constraint.
It will sure Becausethisatch.
We investigate robust reinsurance contracts in two reinsurance modes, namely proportional reinsurance and excess-loss reinsurance, in a continuous-time principal agent framework.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com