Performance contracting · As a service
Get paid for the water you deliver.
Independent verification for performance-based water contracts. One protocol both sides sign, timestamped facts, and an attestation that triggers payment per cubic metre, in any country.
02In short
What a performance contract is.
A contract where the client pays per cubic metre actually delivered or saved. Veracity is the independent third party that verifies the volumes both sides are paid on.The client pays per verified cubic metre; Veracity attests the volumes.
- For watertech providers selling outcomes as a service.
- For utilities and industrials who pay for results.
- Veracity attests the facts; the contract sets the price.
03The baseline
A starting point each side counts its own way.
Before work starts, each side sets its own baseline, and payment gets negotiated instead of triggered. Our standardised method sets one starting point, aligned with the IWA water balance and performance indicators and with internationally recognised measurement methods. Both parties rely on it.One starting point, aligned with the IWA, that both parties rely on.
- IWA water balance: system input, authorised consumption, apparent and real losses.
- Adjustments agreed in advance: season, pressure, new connections.
- One reading of the volumes, shared by both parties.
04One rulebook
Three things, agreed before work starts.
- 01The baseline The starting point above, signed by both parties.
- 02The client's obligations Each one dated, with a written consequence if missed.
- 03The data Access to meters and work orders, written into the contract.
05Who does what
We attest the facts. Your contract sets the price.
- 01ProviderDelivers and reports.
- 02ClientOperates, repairs, gives access.
- 03VeracityTimestamps and verifies the facts.
- 04ContractTurns verified volumes into payment.
06Project types
Works wherever a cubic metre can be measured.
Verified volumes can later become certificates or attract corporate co-funding, claimed once.
+Questions
Does Veracity decide the payment?
No. Veracity attests the facts. The contract sets the price and the consequences.
What if the client delays a repair?
The contract sets a repair deadline per category. Veracity timestamps the notice, so the deadline is undisputed.
Which projects does it work for?
Any intervention where a cubic metre can be measured: leaks, industrial reuse, rainwater, recharge, irrigation, atmospheric water, treatment plants.
Can verified volumes become certificates?
Yes. The same volumes can later be certified or attract corporate co-funding, as long as each one is claimed once.
Who pays for verification?
A baseline set-up, then a flat fee per periodic attestation. The cost can be shared or built into the contract.