Benchmarking Exercise definition

Benchmarking Exercise means an exercise carried out under clause 34.2 (Benchmarking);

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Benchmarking Exercise means an exercise carried out by the Parties in accordance with clause 78 (Benchmarking) to assess whether the processes and procedures used by the Supplier to deliver the Services might be improved having regard to processes and procedures used by third parties to deliver similar services in similar circumstances;

Benchmarking Exercise benchmarking in accordance with Clause26.1

Examples of Benchmarking Exercise in a sentence

Without prejudice to Clauses 25.5 (Adjustments to Unitary Charge) and 25.7 (Costs), PPP Co. will indemnify the Authority from and against all and any Claim and/or Loss which may arise out of, or in the course of, the Benchmarking Exercise and/or Market Testing, except where such Claim or Loss is solely and directly caused by an act or omission of the Authority and/or the Authority’s Representative.
Any Tested Service not subject to Market Testing shall be subject to a Benchmarking Exercise pursuant to clause 28.1 (Benchmarking Option).
In the event of any dispute as to the validity of the Solicitors Benchmarking Exercise, the Client may refer the dispute to be resolved pursuant to clause 25 Disputes and Law, of the Contract Terms and Conditions.
The Benchmarking Exercise shall, as far as is reasonably practicable, compare Prices on a like-for-like basis (taking account of the comparable services and equivalent contractual terms).
The resulting Benchmarking Exercise will be made available to the Solicitor for consideration and subsequent agreement with the Client on any changes to pricing or Service Levels.

More Definitions of Benchmarking Exercise

Benchmarking Exercise has the meaning set out in Section 4.1 of Appendix 4G [Market Testing Procedure];

Benchmarking Exercise has the meaning set out in Schedule 8 [Payments]; “Beneficiary” has the meaning set out in Section 9.2 (Conduct of Third Person Claims); “BI Policy” has the meaning set out in Schedule 5 [Insurance Requirements];

Benchmarking Exercise has the meaning given to it in Clause 7.3.

Benchmarking Exercise has the meaning given in Section 8.2 of Schedule 8 [Payments];

Benchmarking Exercise means the exercise undertaken by PPP Co. pursuant to Clause 25.1 (Benchmarking) in relation to the Testable Services;

Benchmarking Exercise means the objective measurement and comparison of the Service Charges, Services and Standards, including but not limited to processes and technologies used by the Service Provider, by the Benchmarker as specified in paragraph 4 of this schedule;

Benchmarking Exercise has the meaning given in Section 49.1 (Benchmarking);