Operational Efficiency Sample Clauses

Operational Efficiency. The Parties agree that in the event three (3) successive production runs from a single grade averages 1000 basis points (i.e., 10%) less than the operating machine efficiency (“OME”) standard for the grade, the Parties shall use commercially reasonable efforts to return the grade OME to the standard. If after such production runs, the OME for such grade has not improved to be less than 1000 basis points (i.e., 10%) below from the standard by the later to occur of (x) three (3) months elapsing since the original deficient production runs and (y) three (3) subsequent production runs of that grade, the Parties agree to update the grade standard cost to reflect the decline in OME.
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Operational Efficiency. The parties shall endeavour to provide operational flexibility in relation to the working of hours. Any changes shall occur after consultation and agreement between the Manager and the employees affected. Such operational flexibility shall enable the efficient performance of work within the company, provided that neither party shall unreasonably withhold consent to a proposal that seeks to provide operational flexibility in the working of hours.
Operational Efficiency. 2.1 The Supplier to deliver against the Supplier Action Plan to derive operational efficiencies over the Framework Period via continuous improvement and innovation Confirmation by the Authority of the value for money achieved by the dates identified in the Supplier Action Plan
Operational Efficiency. Projects: - Size of circle indicates impact in terms of population positively affected, cost savings in program operation and other relevant factors - Color and placement of circle indicates recommended funding (green), not funding (blue), or additional dialogue required (grey). - Dashed lines indicate initial cutoff for recommended projects (above the green line) and not recommended (below the blue line) with additional dialogue required for the “grey area” projects between the two cutoff lines. In addition, the Impact of the project is considered, in terms of population affected (ex. number of children, public assistance recipients, regulated professionals/businesses), cost savings/ avoidance in program operation, and other relevant measures of impact. The Constraints of funding availability, as well as the guidance and requirements to qualify for specific funding sources (ex. federal match, grants, trust fund, general revenue) will also be taken into considerations with the intent of optimizing the value from the investment. As projects are identified, iterative prioritization can be conducted on the entire portfolio of proposed projects, plotting the analysis to identify the initial cutoff points for those projects where approval is initially recommended vs. those where approval is not recommended. This process will allow for dialogue on both the preliminary recommendation and on the “grey area” of projects that neither clearly fall into the recommended nor the not- recommended categories. An initial “draft prioritization” can be conducted early, identifying the “preliminary recommended” projects for additional analysis. As additional projects are identified or as further analysis is conducted to provide additional detail, the prioritization process can be repeated. Before a Process and Productivity Improvement initiative is launched, we will work with the agency to formally define the Project Charter for the initiative which typically includes: Problem Statement; Proposed Solution; Value Metrics: Outcomes, Program Efficiency, Operational Efficiency; Estimated Investment Required; Barriers and Risks; Timeline for Implementation; Constraints. This becomes an important input to Project Management activities to realize the expected benefits. ProCom has extensive experience providing assistance with process and productivity improvement to government entities, including Alaska Department of Health and Social Services, Florida Department of Children and Fami...
Operational Efficiency. By setting forth procedures for payment, token delivery, and other transactional aspects, the TPA streamlines the purchase process, ensuring efficiency and minimizing the potential for disputes.
Operational Efficiency. To ensure the efficiency of operations, JV Representatives may be required to carry out frequent reviews of the JV operations. In particular, he / she will review how manpower is employed and try to devise means to optimise resources. This implies receiving information on the services being provided at any given time in a day by the JV. This information does not need to identify the JV participants / throughputters involved or the identity of the airlines in question6. For instance, a JV Representative will need to know that at 8 am the JV has 4 planes to refuel, belonging to two different airlines, of which two are short haul and two are long haul flights; however, he / she will not need to know which participants or throughputters are the suppliers or the identity of the airlines in question.
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Operational Efficiency. CONTRACTOR shall seek out and implement methods of 24 improving system operations, service and cost-effectiveness along with improvements to 25 correct deficiencies and substandard performance. After approval by ICTC, results will 26 be reported to ICTC via the monthly management summary (“MSS”) report, activity 27 report or direct memorandum, along with a summary of any corrective actions that have 28 1 been taken. CONTRACTOR shall review and comment on plans, equipment purchases, 2 operative changes and related proposals of ICTC.

Related to Operational Efficiency

  • Energy Efficiency The contractor shall comply with all mandatory standards and policies relating to energy efficiency which are contained in the energy conservation plan issued in compliance with the Energy Policy and Conservation Act (Pub.L. 94-163) for the State in which the work under this contract is performed.

  • Operational Control Directing the operation of the Transmission Facilities Under ISO Operational Control to maintain these facilities in a reliable state, as defined by the Reliability Rules. The ISO shall approve operational decisions concerning these facilities, made by each Transmission Owner before the Transmission Owner implements those decisions. In accordance with ISO Procedures, the ISO shall direct each Transmission Owner to take certain actions to restore the system to the Normal State. Operational Control includes security monitoring, adjustment of generation and transmission resources, coordination and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Control Areas, voltage reductions and Load Shedding, except that each Transmission Owner continues to physically operate and maintain its facilities.

  • Operational All expenses for running and operating all machinery, equipments and installations comprised in the Common Areas, including elevators, diesel generator set, changeover switch, pump and other common installations including their license fees, taxes and other levies (if any) and expenses ancillary or incidental thereto and the lights of the Common Areas and the road network.

  • PRODUCTIVITY The Productivity Scheme which was agreed to is: Contained in Annexure B.

  • Budgeting The budget set out in the Consortium Plan shall be valued in accordance with the usual accounting and management principles and practices of the respective Parties.

  • Project Implementation 2. The Borrower shall:

  • Accounting System Requirement The Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles or “GAAP.”

  • Construction, Etc Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof.

  • Preventive Maintenance The Contractor shall provide necessary preventive maintenance, required testing and inspection, calibration and/or other work necessary to maintain the equipment in complete operational condition during the warranty period.

  • PROFESSIONAL DEVELOPMENT AND EDUCATIONAL IMPROVEMENT A. The Board agrees to implement the following:

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