Contract Performance Point definition

Contract Performance Point or “CPP” is the date on which the Contractor has demonstrated that the Contractor’s Solution and all of the Services are working satisfactorily in their operating environment, which date is set as a Milestone in the Outline Implementation Plan in Part 4.1 of the Order Form;
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Contract Performance Point or "CPP" means a contract performance point as set out in the Implementation Plan, being the Milestone at which the Supplier has demonstrated that the relevant Deliverable, Service or Service Instance is working satisfactorily in its operating environment in accordance with Part B of Call Off Schedule 4;
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Contract Performance Point the point in time after a SCD when a FITS Supplier successfully demonstrates to the Authority that a FITS Service and/or Cross Tower Service is working satisfactorily in the Live Environment which is anticipated to be linked to the Project Milestone which is referred to as the “CPP Milestone” in the Transition Table; “Contract Year” a period of twelve (12) months (or shorter period in the period immediately prior to the end of the Term) commencing on the Effective Date or on an anniversary of the Effective Date;
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Examples of Contract Performance Point in a sentence

  • When placed stationary onto the sea floor it unfolds two pairs of electrode arms, which allow for the transmission of signals along two perpendicular polarizations with 10m-long dipoles.

  • The Supplier shall return to the Customer on demand (if, and to the extent the Customer requires) the aggregate sum of all Reclaimable Milestone Payments if this Contract is terminated by the Customer pursuant to clause57.1 (Termination for Cause by the Customer) prior to the Contract Performance Point.

  • Such a Milestone will mark the achievement of a Contract Performance Point (CPP), which should also be included in the Implementation Plan.

  • However, in Bulgaria there exists no opportunity for a victim of a crime to launch a private prosecution if the State authorities do not meet their responsibility to carry out a prompt, thorough and effective investigation.

  • The most recent Give Kids Sight Day was held on November 17, 2018 and serviced 1,013 children with the volunteered efforts from the PCCY staff, Wills Eye ophthalmologists, optometrists and staff, and community members.In addition to providing vision services, Give Kids Sight Day participants were surveyed on insurance coverage, primary language spoken at home and the main reason(s) for attending the event.

  • Guidance on the timing and application of CPPs is to be found in Guidance note 1 ( Key Commercial Principles), section 1 - 1.4 (Contract Performance Point).

  • The Service Provider shall return to the Customer on demand (if, and to the extent the Customer requires) the aggregate sum of all Reclaimable Milestone Payments in the event this agreement is terminated by the Customer pursuant to clause 2 (Termination for Cause by the Customer) prior to the relevant Contract Performance Point.

  • The Service Provider shall return to the Customer on demand if, and to the extent it so requires, the aggregate sum of all Reclaimable Milestone Payments paid to the Service Provider in respect of the achievement of Milestones related to any part of the Services partially terminated pursuant to clause 1 (Partial Termination) prior to the relevant Contract Performance Point.

  • The 'Contract Performance Point' (the point at which Account NI and BT agreed that the solution and services were working in compliance with the contract) was achieved in October 2009.


More Definitions of Contract Performance Point

Contract Performance Point or “CPP” has the meaning given to it in Schedule 1 (Definitions) of the Call-Off Terms; “Contract Year” a period of twelve (12) months (or shorter period in the period immediately prior to the end of the Term) commencing on the Commencement Date or on an anniversary of the Commencement Date;
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Contract Performance Point or “CPP” means a contract performance point as set out in the Implementation Plan.
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Related to Contract Performance Point

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Basket Performance means a decimal number calculated by applying the following formula: BP = ∑ W ×iX ⎛⎜⎜i=1 ⎝ Underlyingi,FINAL ⎞⎟⎠Underlyingi,INITIAL ⎟ where: BP = Basket Performance X = 8 Wi = Weighting of the relevant Underlying Underlying i,FINAL Underlying i,INITIAL= Arithmetic mean of the Reference Prices of the relevant Underlying with respect to all Averaging Dates = Initial Price of the relevant Underlying

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Additional Performance Security means the Bank Guarantee to be submitted by Successful Bidder in accordance with Clause 8.7 of this RFP Document

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;