Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Outcomes Based Contract

An Outcomes Based Contract is a contract for the provision of goods and services where payment is made to the provider only on the achievement of goals. 

Using contract management software can help you to monitor contract performance and drive better contract outcomes.

You can also store your outcomes-based contracts in a contract repository, so you can easily search for its terms and obligations. 

Having visibility of this information allows you to stay proactive as the contract progresses.