Benchmarked Rates definition
Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services
Benchmarked Rates means the Services that the Supplier elects to include in a Benchmarking Review, based on forecast frequency of use;
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;
Examples of Benchmarked Rates in a sentence
The purpose of a Benchmark Review will be to establish whether the Benchmarked Rates are, individually and/or as a whole, Good Value.
The rates that are to be the Benchmarked Rates will be identified by the Authority in writing.
The rates that are to be the Benchmarked Rates will be identified by the Authority in the writing.
If any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value.
The purpose of a Benchmark Review will be to establish whether the Benchmarked Rates are, individually and/or as a whole, Good Value The rates that are to be the Benchmarked Rates will be identified by the Authority in the writing.
More Definitions of Benchmarked Rates
Benchmarked Rates means the Framework Prices for the Benchmarked Services "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.
Benchmarked Rates means the Panel Prices for the Benchmarked Panel Services
Benchmarked Rates means those elements of the Charging Structure that are to be subject to a Benchmark Review;
Benchmarked Rates means the air routes and accommodation locations that the Authority elects to include in a Benchmark Review, based on forecast frequency of use;
Benchmarked Rates means the Venues and Basket of Events that the Authority elects to include in a Benchmark Review, based on forecast frequency of use;
Benchmarked Rates means the Framework Prices for the Benchmarked Goodsand/or Services "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 "Comparable Rates" means rates payable by the Comparison Group for Comparable Goods and/or Services that can be fairly compared with the Framework Prices "Comparable Supply" means the supply of Goods and/or Services to another customer of the Supplier that are the same or similar to the Goods and/or Services "Comparable Goods and/or Services" means Goods and/or Services that are identical or materially similar to the Benchmarked Goods and/or Services (including in terms of scope, specification, volume and quality of performance) provided that if no identical or materially similar Goods and/or Services exist in the market, the Supplier shall propose an approach for developing a comparable Goods and/or Services benchmark "Comparison Group" means a sample group of organisations providing Comparable Goods and/or 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 Goods and/or 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 Goods and/or Services, are within the top 25% in terms of bestvalue for money for the recipients of Comparable Goods
Benchmarked Rates means the Support Rates and the Other Charges for the Benchmarked Goods and/or Services