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

Benchmarking Exercise benchmarking in accordance with Clause26.1 (Benchmarking);

Examples of Benchmarking Exercise in a sentence

The Benchmarking Exercise shall be conducted by the Benchmarker during Business Hours.
Benchmarking Exercise The carrying out of Benchmarking, typically at regular intervals.
Project Co will maintain complete and accurate records of each Benchmarking Exercise and will present the results of the Benchmarking Exercise to the Authority, together with all necessary supporting documentation and such other information for full transparency of relevant cost and other information relating to the Benchmarking Exercise and as the Authority may reasonably require in order to evaluate properly the results of the Benchmarking Exercise.
TfL and the Service Provider will resolve any dispute related to the performance of the Benchmarking Exercise in accordance with the Dispute Resolution Procedure.
Camacho, Lessons Learned in Empirical Scoring with smina from the CSAR 2011 Benchmarking Exercise, J.

More Definitions of Benchmarking Exercise

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

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 means an exercise carried out under clause 35.1 (Benchmarking of the Tested Custodial Service) and pursuant to the “Operational Taskforce Note 1: Benchmarking and market testing guidance” dated October 2006 and published by HM Treasury (which, for the avoidance of doubt, shall not include any update to or replacement of such note);

Benchmarking Exercise has the meaning set out in paragraph 2 (Definitions) of Schedule 36 (Value for Money Review Process);

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

Benchmarking Exercise has the meaning given in clause 35.3.1 (Benchmarking and Market Testing);