What Does CPF Stand For?
CPF stands for Contractor Performance Factor
The Contractor Performance Factor (CPF) is a quantitative measure used to evaluate the performance and reliability of contractors in delivering services or products. It assesses various criteria such as quality, timeliness, compliance with contract terms, and overall customer satisfaction. The CPF serves as a key tool for organizations to benchmark contractor performance, facilitate informed decision-making for future contracts, and ensure accountability in procurement processes.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym