Part 1: Memorandum evaluation of operating enterprises (Performance Agreement).

A memorandum of agreement between the government and enterprises to define and target the operation of enterprises each year. And the rights and obligations of both parties clearly. The negotiations to acquire the MOU. It is free and fair. And a measure of operating under the management control of state-owned enterprises only.

In addition to evaluating the performance of public enterprises is in line. And compared to enterprises with characteristics similar transactions. Therefore, the enterprises grouped into branches. State Enterprises Evaluation Committee appointed a subcommittee to prepare the agreement and assess the operation of enterprises. Each branch is responsible Figure Show

List of Enterprises System evaluation by county
1. branch of the transport of 10
1.1 ETA
1.2 The State Railway of Thailand
1.3 Mass Rapid Transit Authority of Thailand.
1.4 Bangkok Mass Transit Authority
1.5 Transport Company
1.6 PAT
1.7 Company Limited (Thailand).
1.8 Airports of Thailand (AOT).
1.9 Aeronautical Radio of Thailand Limited.
1.10 Civil Aviation

2. four branches of power
2.1 The Electricity Generating Authority of Thailand.
2.2 MEA
2.3 Electricity Authority
2.4 PTT Public Company Limited (Thailand).

3. Communications Branch 4
3.1 TOT Public Company Limited (Thailand).
3.2 of CAT Telecom Public Company Limited ().
3.3 Thailand Post
3.4 MCOT Public Company Limited (Thailand).

4. 6 Number of branch renovation
4.1 MWA
4.2 Waterworks
4.3 Wastewater Management
4.4 National Housing
4.5 Treasury Asset Development Company Limited
4.6 The Industrial Estate Authority of Thailand

5. industries and new architecture of the number seven.
5.1 Tobacco Monopoly
5.2 Factory Card BOE
5.3 Liquor Distillery Organization
5.4 Government Lottery Office
5.5 Printing Police Royal Thai Police
5.6 Bangkok Dock Company
5.7 Marketing Organization

6. Agricultural Branch 6 
6.1 FMO
6.2 Dairy Farming Promotion Organization
6.3 Marketing Organization for Farmers
6.4 Office of the Rubber Replanting Aid Fund
6.5 Rubber Estate Organization
6.6 PWO

7. 3 of the  Natural Resources
7.1 FIO
7.2 Botanical Garden Organization
7.3 Zoological Park Organization Nationals

8. 5 Number of branches of society and technology.
8.1 Institute of Science and Technology
8.2 National Science Museum
8.3 Tourism Authority of Thailand
8.4 The Sports Authority of Thailand
8.5 Pharmaceutical Organization

9. Major financial institutions 10
9.1 The Bank of Thailand (SET).
9.2 Bank
9.3 Government Housing Bank
9.4 Bank for Agriculture Minister
9.5 Export and Import Bank of Thailand.
9.6 Development Bank's small and medium enterprises.
9.7 Secondary Mortgage Corporation.
9.8 Credit Guarantee Corporation's
9.9 The Islamic Bank of Thailand
9:10's office for victim
 

The agreement's assessment. Will contain important step three stages.

Step 1: Define the variables evaluated (Performance Criteria).
Performance evaluation system to determine the current state variables to measure the operational efficiency of enterprises in three main areas as follows.

1) the implementation of the policy.
2) the performance of enterprises.
- Financial
- Non-Financial
3) Enterprise Management
- Management of the Committee.
- Internal Control
- Internal Audit
- Information Management
- HR

However, for some state enterprises were listed on the Stock Exchange of Thailand and laws. The Company There are rules and procedures governing closely. In evaluating the operating results. It sets guidelines for the preparation of the memorandum is different as follows.

1) enterprises on the Stock Exchange of Thailand (Listed SOEs).
The Ministry of Finance will evaluate the operation of enterprises in the stock market. By setting specific targets and indicators of performance. This is a financial measure. And non-financial It will focus on the metrics as indicators of business / industry-based. And will consider the evaluation of corporate governance (Corporate Governance Rating).
2) enterprises that are not in the Stock Exchange of Thailand (Non-Listed SOEs).
The Ministry of Finance will use the system to evaluate the three aspects mentioned above. The evaluation


Step two: determining the weight or importance of the variables (Criterion Weight).
The evaluation parameters are established. Less than 10 variables are critical to the performance as well. You need to determine the weight of each variable in different levels. The key variables are more overweight.
To determine the weight or importance of the variables. It makes the management of enterprises can manage compliance with government requirements. By enterprises for commercialization. Will focus on the more lucrative enterprise sector and public utilities. Which must take into account the implementation of other aspects, especially the quality of the services provided are detailed as follows.

1) the implementation of the policy. 20-30 weight percent
2) the performance of enterprises. 40-50 weight percent
3) Enterprise Management 30 weight percent

Group / sector enterprises	Evaluation criteria Weight
1. enterprises listed on the Stock Exchange	• Operating result 70 per cent. • 30 percent of corporate management.
2. enterprises not listed on the SET.	• The implementation of the policy rate by 20 percent. (+ - 10) • Performance of enterprises 50 percent. (+ - 10) • 30 percent of corporate management.

Step 3: Targeting of operation for each variable (Criterion Value).

Each variant is targeted operations into five levels: level one to level five will be targeted at five targets higher than the target set by the annual corporate plan. Enterprises with good management can only be achieved in a five goal third level is the target set by the Plan. And the first target is a target that is lower than the target set by the Plan much.
To target each year. Representatives from state to consider the operation of enterprises through the base. And to compare with the operations of the private sector and international standards. In order to try to push enterprises to streamline operations to be comparable with the private sector. Although improved standards may no longer be possible within a single year, but the push to higher goals every year will push enterprises to improve efficiency even further.

Part two: a system of incentives or compensation (Incentive System).
To evaluate the system As a tool to stimulate efficiency in the operation of enterprises of top management. And employees of state enterprises The net profit of the enterprise, it is not a measure of performance is the best of the enterprises. But the measure is the best overall performance of the enterprises, the Compensation Committee. Should be based on the actual results to be assessed by the MOU. In particular, in order to evaluate the system. Effective enforcement is acceptable to all parties. The return Enterprises that are currently minimal. And strengthen the morale of the Board of Directors and staff of enterprises operating performance according MOU. In very good or excellent, but a loss is deemed appropriate to determine the form of remuneration, both monetary and non-monetary contributions related to the level below.

1) monetary compensation is a system of employee bonus and the Board of Directors of enterprises.
2) Non-monetary compensation.
2.1) systems, announce the rankings of the annual enterprise system.
Assessments
2.2) system of independence in the administration. (The exception does not have to follow the rules and regulations of the Cabinet or the Government) in general or to the independent real contribution levels.
Details of the current incentive system.

Part 3: methods and procedures in the implementation of the evaluation system.

Step 1 Enterprises business plan / strategy / corporate plan to the Office of the State Enterprise Policy (SEPO.) Through the approval of the board of directors of enterprises. And Ministry

Stage 2 of the Agreement and evaluate the enterprise sector).
Ministry of Finance by Cor. Of enterprises and agencies improve efficiency. The participants consider a business plan / strategy / corporate plan to impose a measure. And target weight

Step 3 Treasury by Cor. Will announce the weight indicators and targets to assess the performance that enterprises know. To prepare the MOU.

Step 4 enterprises reported a quarterly operating results. And annually by the Ministry of Finance Cor., And the improved performance.

Step 5 Evaluation Committee states. Acknowledge the half-year and year-end accounts of enterprises.

Step 6 annual report on the implementation of state for Cabinet note.