Benchmark Standard definition

Benchmark Standard shall have the meaning given in Section 11.10.3.
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Benchmark Standard has the meaning given in Section 11.10(c).
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Benchmark Standard has the meaning given in Section 13.10(d) (Non-Competitive Charges).
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Examples of Benchmark Standard in a sentence

  • Benchmark: Standard, or a set of standards, used as a point of reference for evaluating performance or level of quality.

  • Major nonconformity: A nonconformity against a specific PEFC Benchmark requirement that has a high impact on achieving the intended outcome of the PEFC International Benchmark Standard.

  • Minor nonconformity: A nonconformity against a specific PEFC Benchmark requirement that has a low impact on achieving the intended outcome of the PEFC International Benchmark Standard.

  • World Oil Group's vision is to grow exponentially with the Petroleum Industries using "The Sustainable Oil & Gas Fields" concepts and applications for E&P & EOR, and Energy Trading in the USA and around the world.In December of 2013, EPA signed an agreement to drill and service 10 wells for Benchmark Standard, LLC for $1,250,000.

  • Performance Benchmark: Standard and Poor’s 500 Index or other index with a composition more closely matching the individual investment managers fund composition.

  • Information Ratio = Return Relative to Benchmark Standard Deviation of Return Relative to BenchmarkThe Information Ratio is a measure of the value which has been added by the manager per unit of risk taken versus the benchmark.

  • There is no FiT Benchmark Standard as Civic Space provision cannot be quantified in this way as their provision is not led by the need for open space and recreation, even though it is acknowledged that they contribute to the overall open space provision of an area.

  • The University will use the MGMA Academic Benchmark Standard in effect at the start of the Fiscal Year for which productivity is being measured.

  • It was approved by the MTCS Board in March 2020 and it is in line with the PEFC Benchmark Standard.

  • The submitted executive summary must follow the requirements of the Benchmark Standard for the benchmark being submitted and the pricing specification for the pricing spreadsheet.


More Definitions of Benchmark Standard

Benchmark Standard has the meaning given in Section 11.8(c) of the Agreement.
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Benchmark Standard shall have the meaning given in SECTION 11.11(C).
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Benchmark Standard means the physical and operational standards found at hotels within the United States in close proximity to an airport that primarily serve demand from airport traffic containing no fewer than guest rooms and having comparable attributes with respect to age, type of business and market area as the Benchmark Brands.
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Benchmark Standard has the meaning set forth in Section 15.5(e).
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Related to Benchmark Standard

  • Uniform standard means a standard adopted by the Commission for a Product line, pursuant to Article VII of this Compact, and shall include all of the Product requirements in aggregate; provided, that each Uniform Standard shall be construed, whether express or implied, to prohibit the use of any inconsistent, misleading or ambiguous provisions in a Product and the form of the Product made available to the public shall not be unfair, inequitable or against public policy as determined by the Commission.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Service Level Standards has the meaning ascribed thereto in Section 2.1 hereof.

  • Community-Wide Standard means the standard of conduct, maintenance, or other activity generally prevailing in the Community. Such standard may be more specifically determined by the Board of Directors of the Association. Such determination, however, must be consistent with the Community-Wide Standard originally established by the Declarant.

  • Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target.

  • Contract Standard means such standard as complies in each and every respect with all relevant provisions of the Contract;

  • Performance Standards or “PS” shall mean the cleanup levels and other measures of achievement of the remedial action objectives, as set forth in the ROD.

  • Reliability Standard means a requirement to provide for reliable operation of the bulk power system, including without limiting the foregoing requirements for the operation of existing bulk power system facilities, including cybersecurity protection, and the design of planned additions or modifications to such facilities to the extent necessary for reliable operation of the bulk power system, but shall not include any requirement to enlarge bulk power system facilities or to construct new transmission capacity or generation capacity.

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Community practice protocol means a written, executed agreement entered into voluntarily between an authorized pharmacist and a physician establishing drug therapy management for one or more of the pharmacist’s and physician’s patients residing in a community setting. A community practice protocol shall comply with the requirements of subrule 8.34(2).

  • Standards means: any standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent bodies (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Supplier would reasonably and ordinarily be expected to comply with; any standards detailed in the specification in Framework Schedule 1 (Digital Services) or Framework Schedule 6 (Standards and Security); any standards detailed by the Customer in this Contract or as agreed between the Parties from time to time; any relevant Government codes of practice and guidance applicable from time to time.

  • safety standard means the Code of Practice for the Wiring of Premises SANS 10142-1 incorporated in the Regulations;

  • Design Criteria Professional means a firm who holds a current certificate of registration under Chapter 481 of the Florida Statutes, to practice architecture or landscape architecture, or a firm who holds a current certificate as a registered engineer under Chapter 471 of the Florida Statutes, to practice engineering, and who is employed by or under contract to the District to provide professional architect services, landscape architect services, or engineering services in connection with the preparation of the Design Criteria Package.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Service Levels means any service levels applicable to the provision of the Services under this Call Off Contract specified in Annex 1 to Part A of Call Off Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • 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;

  • Benchmarks Regulation means Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014;

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

  • European standard means a standard adopted by the European Committee for Standardisation, the European Committee for Electrotechnical Standardisation or the European Telecommunications Standards Institute and made available for public use;

  • Categorical pretreatment standard or "categorical standard" means any regulation containing pollutant discharge limits promulgated by the environmental protection agency in accordance with sections 307(b) and (c) of the Act (33 U.S.C. section 1317) that apply to a specific category of users and that appear in 40 CFR chapter I, subchapter N, parts 405 through 471.

  • Benchmark Replacement means, with respect to any Benchmark Transition Event, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Baseline Personnel Security Standard means the pre-employment controls for all civil servants, members of the Armed Forces, temporary staff and government contractors generally.

  • Quality Standards means the quality standards published by BSI British Standards, the National Standards Body of the United Kingdom, the International Organisation for Standardisation or other reputable or equivalent body, (and their successor bodies) that a skilled and experienced operator in the same type of industry or business sector as the Contractor would reasonably and ordinarily be expected to comply with, and as may be further detailed in the Specification.

  • Service Standards means the set of Service Measures, Service Levels, conditions and Service Guarantee Payments as set out in Schedule 1;

  • Quality Management System means a set of interrelated or interacting elements that organisations use to direct and control how quality policies are implemented and quality objectives are achieved;