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AG 2008 12 15
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AG 2008 12 15
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Last modified
2/3/2010 3:10:17 PM
Creation date
11/27/2017 11:29:45 AM
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Meeting Minutes
Doc Type
Minutes
Board
Board of Commissioners
Meeting Type
Regular
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Qualitative Incentive Fee <br />For the f scal year ending June 30, 2008, Cabarrus County staff awarded SMG ninety-six of a possible one <br />hundred points in the subjective performance areas of customer service, maintenance and operations, and <br />overall management. Applying the formulas outlined in the management agreement results in a qualitative <br />incentive fee to SMG of $22,800. The calculation method used for qualitative incentive fee is unchanged from <br />previous years. <br />$23,750 Maximum Qualitative Incentive per Agreement <br />x 96% Percentage of Total Points Awarded to SMG <br />$22,800 Qualitative Incentive Fee Due SMG <br />Item# 5 <br />Attachment number 2 <br />F-1 Page 69 of 185 <br />
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