Recent research in the literature proposed parameter-based functional forms to quantify the impact of disturbances on electric power grids. This modeling was based on a concept of generalized grid disturbances that harmonized reliability and resilience. Three main stages—avoid, react, and recover—were identified, and to support practicality, were intended to be independently planned. An objective of the grid disturbance model was to fairly analyze the potential impacts of novel mitigations like transactive energy systems (TES) on grid reliability and resilience. Quantitative evaluation of a common performance metric (e.g., area under the curve of percentage customers online before, during, and after an event) over time was shown as an effective tool for such analysis. Such quantification may also enable system planners to assess the impact of appropriate mitigative actions for improving grid performance against potential disturbances. This is the focus of this report, i.e., presenting an evaluation modeling framework that can be utilized to evaluate grid performance against disturbances, under a variety of existing and possible new mitigative actions.