| | Complete award of new or replacement bids before the current contract agreement expiresFMS-Financial Mgmt Services |
Measure Definition & Importance |
This KPI will measure the percentage of contracts awarded resulting from new or replacement bids before the current agreements expire. This measure will ensure there is not an interruption in service at the conclusion of a contract term.
Analysis | |
Complete award of new or replacement bids before the current contract agreement expires |
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Attachments |
Measure Data | Last Calculated 11 days ago |
Data Source Details & Calculation Information |
By utilizing the PeopleSoft Financials Query reports, we can monitor contract expiration dates and renewal terms remaining. If all renewals have been exhausted, then a new bid will be solicited to ensure there is not a disruption in service. By monitoring contract expiration terms, we can calculate the time needed for a new bid to be in place and awarded prior to the expiration date. Path = Peoplesoft Financials/ query name: Z_PO_CONTRACT_INFO
New Bids Awarded/Total Expired Agreements = %
Performance Liaison |
| MG | Michelle Green (FMS-Financial Management Systems) |
Input Method |
Is this measure a KPI? |
Measure Type |
Comparative Data |
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Performance Liaison Notes |
Administrator Notes |