What must the expenditure profile in Performance Based Payments (PBPs) match in order to ensure fairness?

In Performance Based Payments (PBPs), the expenditure profile must align with the priced proposal to ensure fairness. The priced proposal represents the agreed-upon value for the work to be completed and typically outlines the specific milestones or achievements that trigger payments. This alignment ensures that payments are made based on progress towards those defined performance objectives, thereby promoting accountability and transparency in the contracting process.

When the expenditure profile matches the priced proposal, it establishes a clear basis for evaluating contractor performance and ensures that payments are appropriately tied to the completion of work as outlined in the contract. This connection helps to protect both the government and the contractor by ensuring that payments are made for actual achievements, thereby mitigating the risk of overpayment or payment for incomplete work.