Benchmarking Process definition

Benchmarking Process means the objective measurement and comparison process (utilizing baselines and industry standards) utilized by the Benchmarker to conduct an objective measurement and analysis of the pricing for the Services and compare such pricing to the pricing for similar services (e.g., a “like-for-like” comparison) provided by third parties in order to validate whether the Fees are competitive.

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Benchmarking Process means the objective measurement and comparison process that measures the performance and cost to LS&Co. of the Services against the performance and cost of similar services in the industry.

Benchmarking Process means the objective measurement and comparison process (utilizing baselines and industry standards) utilized by the Benchmarker.

Examples of Benchmarking Process in a sentence

• Benchmarking Process The Supplier shall produce and send to the Authority for Approval, a draft plan for the Benchmark Review.

• The Benchmarking Process will take into consideration relevant factors such as quality and delivery terms.

• Subject to the foregoing, Company and Provider shall designate the time when each Benchmarking Process shall be undertaken.

• The Parties shall cooperate in good faith to jointly select one or more suitable benchmarkers, [***]* Provider shall not be specifically bound by the results of the Benchmarking Process, but Provider agrees that it shall give due consideration to such results in responding to reasonable requests received from Company for adjustments in the arrangements contemplated by this Agreement.

• Benchmarking Process The Supplier shall produce and send to the Authority for approval, a draft plan for the Benchmark Review.

More Definitions of Benchmarking Process

Benchmarking Process means the process outlined in Schedule H (Benchmarking);

Benchmarking Process has the meaning set forth in Section 5 of this Schedule.

Benchmarking Process has the meaning set forth in the “Market Currency Procedures” Exhibit.

Benchmarking Process has the meaning set forth in Section 6.5.1.

Benchmarking Process means the process set out in paragraph 8 of Part 4 (High Value Changes) of this Change Protocol;

Benchmarking Process means (i) the process described in Schedule AF; and (ii) any other objective measurement and comparison process, utilizing baselines and industry standards provided by the Benchmarker and established by Client and Service Provider.

Benchmarking Process means the objective measurement and comparison process established by the Parties utilizing baselines and standards agreed upon by PacifiCare and Supplier, which, in any case provides for a comparison of Supplier's performance and pricing under this Agreement against competitive providers providing services which are substantially similar in terms of scope, volume, environment, geographic area, technologies in use (including skill sets), contractual terms generally, and any other factors mutually agreed upon by the Parties (e.g., agreed upon amortization of expenses and start-up costs during the Term).