Benchmark Standard definition
Examples of Benchmark Standard in a sentence
Verizon: Parity – comparison made to ILEC final trunk groups SBC/California: Benchmark: Standard – no more than 2% of the trunk groups at blocking of 2% or greater Exclusions: Blocking failures caused by the CLEC not completing growth trunk provisioning by scheduled due date.
Benchmark: Standard, or a set of standards, used as a point of reference for evaluating performance or level of quality.
Benchmark: Standard - Assignment Jeopardies 90% within 1 day Install.
SBC/California: Benchmark: Standard - 95% within one business day Verizon: Benchmark: Standard – 95% with four business days Exclusions: CLEC-caused misses and delays.
Benchmark: Standard - 96% in 5 business days Exclusions: Weekends and ILEC published holidays.
Benchmark: Standard -95% in 10 calendar days (Non –ICB)(SBC/California) Standard -95% in 30 calendar days (ICB) (SBC/California) Standard 95% within time intervals set in its tariffs (Verizon) Exclusions: Rejected requests, expired requests and complete disconnects (SBC/California) Orders cancelled by CLEC Any test transactions not submitted in connection with the pre-ordering, ordering, provisioning or maintenance of actual customers.
Unless otherwise agreed in an applicable Subscription Agreement, Service Description or Statement of Work, the Benchmark Standard shall be the average of the prices charged by comparable, well managed information technology service providers for work of a similar nature, type or volume, as normalized by the Benchmarker (the “Benchmark Standard”).
If, after making the comparison described in Section 11.7(a) above, the Benchmarker finds that the Charges paid by AZL for all Services or for any benchmarked service element (as described in Section 11.7(a)) are greater than the Benchmark Standard (as defined below), the Benchmarker will submit a written report setting forth such findings and conclusions.
Following Oncor's receipt of the Benchmark Report, the Parties shall promptly meet to review the results indicated therein and Vendor shall, at Oncor's option and in Oncor's sole discretion, decrease the Charges (retroactive to the date of commencement of the Benchmarking) such that the reduced Charges for the Benchmarked Services are not greater than the Benchmark Standard.
The TCS AZL Effective 1-1-2020 Benchmark Standard will be the lowest “REDACTED” of the prices charged by comparable, well managed information technology service providers for work of a similar nature, type or volume, as normalized by the Benchmarker (the “Benchmark Standard”).