Performance contracts are really nothing new. Indeed, they’ve been around for upwards of 15 years, and many K-12 schools around the country have already made use of them. Other schools have probably heard about them, but they may not have the manpower to look into the many different providers that are offering performance contracts.
Or worse, they may have hopped on the bandwagon too soon with a financially unstable service provider and been burned in the process. It cannot be stated strongly enough that if a school is going to enter into a performance contract, extensive research must first be done. Schools must make sure that the provider is financially stable, that they have a good track record, and that they have the technical ability to do what they say they’ll do. That takes a lot of legwork.