Performance-Based Contracts

Clients who work with Exigen Services can expect commercial terms that align our incentives with your project’s business goals. Our performance-based contracts reward specific business results and appropriately share risk.

Outcome-based terms that align project stakeholders

In keeping with our objectives of delivering business value and managing project risks, our contracts offer alignment and outcome-based terms:

• Time and materials with early completion option – both the client and Exigen Services are incented to complete the highest value features first, and deploy the system early.
• Risk and reward sharing – we link incentives to meeting specified performance metrics. With a project life cycle view extends reward sharing out to operation of the system.
• Flex-agility (fixed price with variable scope) – creates the highest level of alignment with our clients - we link a portion of our fees to the business value that results. Exigen Services assumes the project risk; changes are expected.

Jointly sharing project risks

With performance-based contracts, project stakeholders actively assume and mitigate the risks they are best placed to manage:

• Business units establish strategic objectives and manage the business risks.
• IT & Operations groups translate business needs into technology strategy and architecture.
• Exigen Services provides technology leadership and delivers solutions with maximum economic impact.

A study by the UK National Audit Office has revealed that balanced contract terms create economic alignment, resulting in an average of 70% fewer cost overruns and 66% less completion delays.