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prestatiecontract

English translation: Performance Contract

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:prestatiecontract
English translation:Performance Contract
Entered by: Robert Haslach
Options:
- Contribute to this entry
- Include in personal glossary

20:38 Nov 23, 2006
Dutch to English translations [PRO]
Law/Patents - Law: Contract(s)
Dutch term or phrase: prestatiecontract
This is the first time that I came across this word. About 61,000 hits on Google, but no definition as such. Nor is it in my editions of Van Dale N>E or Jurlex, or on Eurodic.
What is the difference been this and any other contract? (Every contract involves some kind of 'prestatie' after all.) Is it just a modish buzzword?
Christopher Smith
United Kingdom
Performance Contract
Explanation:
This should be a contract in which the consideration depends on the quantity or quality of a performed service such as delivery of goods, achieving some output at a given MTBF, etc
Selected response from:

Robert Haslach
Local time: 20:35
Grading comment
Wow! Top answers and references everyone. Just goes to show how the world can pass you by when you specialise too much on the nuts and bolts. Many thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +7Performance Contract
Robert Haslach


  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +7
Performance Contract


Explanation:
This should be a contract in which the consideration depends on the quantity or quality of a performed service such as delivery of goods, achieving some output at a given MTBF, etc

Robert Haslach
Local time: 20:35
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 19
Grading comment
Wow! Top answers and references everyone. Just goes to show how the world can pass you by when you specialise too much on the nuts and bolts. Many thanks!

Peer comments on this answer (and responses from the answerer)
agree  writeaway: or performance-based contract http://www.standishgroup.com/chaos_resources/samples/pbcontr...
57 mins

agree  Dave Calderhead: performance contract: A type of contract that specifies the end results desired rather than the specific details of how a product should be manufactured or how a service should be delivered [ http://www.f5ac.org/mguide/GlossaryFinal.htm ]
1 hr

agree  Alice Saunders
9 hrs

agree  Allison Klein: w/writeaway depending on the context
10 hrs

agree  xxxjarry: http://72.14.221.104/search?q=cache:2HNwDuQ7-kkJ:www.treasur...
11 hrs

agree  Annet Fransen: Hier wordt het ook vertaald met 'performance contract'. Zie pg. 27 'aanbevelingen' en pg. 25 'recommendations': http://www.knaw.nl/publicaties/pdf/20051029.pdf
13 hrs

agree  Louis Vorstermans
1 day3 hrs
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