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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) A WIOA Pay-for–Performance contract strategy is a specific type of performance-based contract strategy that has four distinct characteristics:
(1) It is a strategy to use WIOA Pay-for–Performance contracts as they are described in § 683.510;
(2) It must include the identification of the workforce development problem and target populations for which a local area will pursue a WIOA Pay-for–Performance contract strategy; the outcomes the local area would hope to achieve through a Pay-for–Performance contract relative to baseline performance; and the acceptable cost to government associated with achieving these outcomes;
(3) It must include a strategy for independently validating the performance outcomes achieved under each contract within the strategy prior to payment occurring; and
(4) It must include a description of how the State or local area will reallocate funds to other activities under the contract strategy in the event a service provider does not achieve performance benchmarks under a WIOA Pay-for–Performance contract.
(b) Prior to the implementation of a WIOA Pay-for–Performance contract strategy, a local area must conduct a feasibility study to determine whether the intervention is suitable for a WIOA Pay-for–Performance contract strategy.
(c) The WIOA Pay-for–Performance contract strategy must be developed in accordance with guidance issued by the Secretary.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.683.500 What is a Workforce Innovation and Opportunity Act Pay-for–Performance contract strategy? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-683-500/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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