Upper Quartile definition

Upper Quartile means, in respect of Benchmarked Rates, that based on an analysis of Equivalent Data, the Benchmarked Rates, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money for the recipients of Comparable Services;
Upper Quartile means, in respect of Benchmarked Rates, that based on an analysis of Equivalent Data, the Benchmarked Rates, as compared to the range of prices for Comparable Goods and/or Services, are within the top 25% in terms of best value for money for the recipients of Comparable Goods and/or Services BACKGROUND The Supplier acknowledges that the Authority wishes to ensure that the Goods and/or Services represent value for money to the taxpayer throughout the Framework Period. This Framework Schedule 12 (Continuous Improvement and Benchmarking) sets out the following processes to ensure this Framework Agreement represents value for money throughout the Framework Period and subsequently while any Call Off Agreements remain in force: Benchmarking; Continuous Improvement;
Upper Quartile means that based on an analysis of Equivalent Products Data, the Charges for the Benchmarked Products, as compared to the range of prices for Comparable Products, are within the top 25% in terms of best value for money or the recipients of Comparable Products.

Examples of Upper Quartile in a sentence

  • Campus GroupOut-of-Field Percent 1Title I6.11Non-Title I7.63Title I Low-Income Upper Quartile 26.13Title I Minority Upper Quartile 36.791 Percentage of teachers who are not certified in field for their assignment.2 Title I campuses above the highest quartile for students who qualify for free or reduced-price lunch.

  • At least one award within 3 years.Senior LecturerThe award should be between the SU Lower Quartile and UBG Lower Quartile for PI and/or CoI activity (as illustrated in the metrics below).Associate ProfessorThe award should be between the SU Median and the UBG Median for PI activity only (as illustrated in the metrics below).ProfessorThe award should be between the SU Upper Quartile and the UBG Upper Quartile for PI activity only (as illustrated in the metrics below).

  • IPAR-Rwanda is an independent think tank based in Kigali; Upper Quartile is an independent consulting firm based in the United Kingdom.

  • Campus GroupInexperienced Percent1Title I22.69Non-Title I17.35Title I Low-Income Upper Quartile 225.88Title I Minority Upper Quartile 324.721 Percentage of teachers who are in their first two years of teaching.2 Title I campuses above the highest quartile for students who qualify for free or reduced-price lunch.

  • This simple ToC helped to inform the research and analysis process in year two of the evaluation.Figure 1 – Deduced theory of change for RBA in Rwandan education Source: Developed from Upper Quartile, 2014P0 6084 Evaluation of Results Based Aid in Rwandan Education – Year Two Evaluation Report Figure 2 – RESP theory of change 8In addition, Perakis and Savedoff, 2015 note multiple theories of change posited by funders in relation to the design of their PbR programmes.


More Definitions of Upper Quartile

Upper Quartile means, in respect of Benchmarked Rates, that based on an analysis of Equivalent Data, the Benchmarked Rates, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money for the recipients of Comparable Services BACKGROUND The Supplier acknowledges that the Authority wishes to ensure that the Services, represent value for money to the taxpayer throughout the Framework Period. This Framework Schedule 12 (Continuous Improvement and Benchmarking) sets out the following processes to ensure this Framework Agreement represents value for money throughout the Framework Period and subsequently while any Call Off Agreements remain in force: Benchmarking; Continuous Improvement;
Upper Quartile means that based on an analysis of Equivalent Services Data the Charges for the Benchmarked Services, as compared to the range of prices for Comparable Services, are within the top twenty five per cent (25%) in terms of best value for money for the recipients of Comparable Services; Vendor Management Charges shall have the meaning given to it in paragraph 2.2(e) of Schedule 5 (Charges);
Upper Quartile means, in respect of Benchmarked Rates, that based on an analysis of Equivalent Data, the Benchmarked Rates, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money for the recipients of Comparable Services BACKGROUND The Supplier acknowledges that the Authority wishes to ensure that the Services, represent value for money to the taxpayer throughout the Framework Period. This Framework Schedule 12 (Continuous Improvement and Benchmarking) sets out the following processes to ensure this Framework Agreement represents value for money throughout the Framework Period and subsequently while any Call Off Contracts remain in force: Benchmarking; Continuous Improvement; BENCHMARKING Frequency Purpose and Scope of Benchmark Review The Supplier shall carry out Benchmark Reviews of the Services when so requested by the Authority. The Authority shall not be entitled to request a Benchmark Review during the first six (6) Month period from the Framework Commencement Date nor at intervals of less than twelve (12) Months after any previous Benchmark Review. The purpose of a Benchmark Review will be to establish whether the Benchmarked Services are, individually and/or as a whole, Good Value. The Services that are to be the Benchmarked Services will be identified by the Authority in writing. Benchmarking Process The Supplier shall produce and send to the Authority for Approval, a draft plan for the Benchmark Review. The plan must include: a proposed timetable for the Benchmark Review; a description of the benchmarking methodology to be used; a description that demonstrates objectively and transparently that the benchmarking methodology to be used is capable of fulfilling the benchmarking purpose; and a description of how the Supplier will scope and identify the Comparison Group. The Authority must give notice in writing to the Supplier within ten (10) Working Days after receiving the draft plan, advising whether it Approves the draft plan, or, if it does not approve the draft plan, suggesting amendments to that plan. The Authority may not unreasonably withhold or delay its Approval of the draft plan and any suggested amendments must be reasonable. Where the Authority suggests amendments to the draft plan under paragraph 8.2.3, the Supplier must produce an amended draft plan. Paragraph 8.2.2 shall apply to any amended draft plan. Once it has received the Approval of the draft plan, the Supplier shall: finalise the ...
Upper Quartile means, in respect of Benchmarked Rates, that based on an analysis of Equivalent Data, the Benchmarked Rates, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money for the recipients of Comparable Services BACKGROUND The Supplier acknowledges that the Authority wishes to ensure that the Services, represent value for money to the taxpayer throughout the Framework Period. This Framework Schedule 7 (Value for Money) sets out the following processes to ensure this Framework Agreement represents value for money throughout the Framework Period and subsequently while any Call Off Agreements remain in force: Benchmarking; Continuous Improvement; BENCHMARKING
Upper Quartile that based on an analysis of Equivalent Services Data, the Charges for the Benchmarked Services, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money or the recipients of Comparable Services;
Upper Quartile means: in respect of Contract Charges, that based on an analysis of Equivalent Services Data, the charges for the Benchmarked Services, as compared to the range of prices for Comparable Services, are within the top 25% in terms of best value for money for the recipients of the Comparable Services INTRODUCTION This Schedule details: the Charges Variation Procedure applicable to this Contract; the Benchmarking procedures; and Gains share.
Upper Quartile means a range equal to the lowest 25% (twenty-five percent) of fees charged to the Comparators for services that are similar to the Services received by Customer under this Agreement. For example, if there are 8 Comparators, the Upper Quartile would be the range of the fees for the two (2) lowest priced Comparators.