Benchmark Review definition
Benchmark Review means a review of the Services carried out in accordance with paragraphs 2.1 to 2.3 of Schedule 7 (Value for Money) of this Framework Agreement to determine whether those Services represent Good Value;
Benchmark Review means a review of the Goods and/or Services carried out in accordance with this Framework Schedule 12 to determine whether those Goods and/or Services represent Good Value "Benchmarked Goods and/or Services" means any Goods and/or Services included within the scope of a Benchmark Review pursuant to this Framework Schedule 12
Benchmark Review means the process of comparing the Goods and Services against other provision as set out in the Specification or as subsequently agreed between the Parties.
Examples of Benchmark Review in a sentence
The Outturn Financial Model may also be used during a Benchmark Review and to assist in calculating a Termination Payment.
More Definitions of Benchmark Review
Benchmark Review. “Benchmarked Rates” means a review of the Goods and Services carried out in accordance with paragraphs 2.1 to 2.3 of Framework Schedule 7 (Value for Money) to determine whether those Goods and Services represent Good Value; means the rates for Goods and Services that the Supplier elects to include in a Benchmarking Review, based on forecast frequency of use;
Benchmark Review means a review by the Authority or the Contracting Authority of the
Benchmark Review a review of one or more of the Services carried out in accordance with Paragraph 4 to determine whether those Services represent Good Value;
Benchmark Review means a review of the Panel Services carried out in accordance with this Panel Agreement Schedule 12 to determine whether those Panel Services represent Good Value
Benchmark Review means a review of the Services carried out in accordance with this Framework Schedule 12 to determine whether those Services represent Good Value "Benchmarked Services" means any Services included within the scope of a Benchmark Review pursuant to this Framework Schedule 12 "Comparable Rates" means rates payable by the Comparison Group for Comparable Services that can be fairly compared with the Framework Prices "Comparable Supply" means the supply of Services to another customer of the Supplier that are the same or similar to the Services "Comparable Services" means Services that are identical or materially similar to the Benchmarked Services (including in terms of scope, specification, volume and quality of performance) provided that if no identical or materially similar Services exist in the market, the Supplier shall propose an approach for developing a comparable Services benchmark "Comparison Group" means a sample group of organisations providing Comparable Services which consists of organisations which are either of similar size to the Supplier or which are similarly structured in terms of their business and their service offering so as to be fair comparators with the Supplier or which, are best practice organisations "Equivalent Data" means data derived from an analysis of the Comparable Rates and/or the Comparable Services (as applicable) provided by the Comparison Group "Good Value" means that the Benchmarked Rates are within the 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.
Benchmark Review a review required by the Authority in accordance with this Schedule 6. Benchmarked Services: the Services taken as a whole.
Benchmark Review means a review of the air or accommodation rates achieved in: the commercial agreements for air (Lot 1) and accommodation (Lot 2), and day to day booking by Contracting Bodies in the relevant period. to determine whether the rates represent Good Value;