Market Testing Procedure definition

Market Testing Procedure means the procedure out in Schedule 19 [Market Testing Procedure];
View Source
Market Testing Procedure means the procedure set out in Schedule 4 (Market Testing Procedure); Maximum LEP Margin is [ ]%50 (or such other percentage as may be agreed in writing in substitution for the percentage stated) between the LEP and the Local Authority from time to time;
View Source
Market Testing Procedure means the procedure undertaken by PPP Co. pursuant to Clause 25.4 in relation to the Testable Services;
View Source

Examples of Market Testing Procedure in a sentence

  • The provisions of this paragraph 5 do not apply to the Market Testing Procedure which shall be governed by the provisions of Schedule 4 (Market Testing Procedure).

  • The costs of the LEP in carrying out all Market Testing in accordance with Schedule 4 (Market Testing Procedure) will be met by the LEP and will be recoverable as a submission cost through the Project Management Fee chargeable in relation to that project under the terms of clause 9.

  • The provisions of these paragraphs 1.1 and 1.2 shall not apply to the Market Testing Procedure which shall be governed by the provisions of Schedule 4 (Market Testing Procedure).

  • The costs incurred by PPP Co. in performing its obligations under this Clause 25 (Market Testing Procedure) will be payable as follows: by the PPP Co. where the Successful Tenderers’ price is lower than the Latest Service Element; by the Authority where the Successful Tenderers’ price is higher than the Latest Service Element; by both parties equally where the Successful Tenderers’ price is equal to the Latest Service Element.

  • In carrying out the Benchmarking Exercise and any Market Testing Procedure, the parties will: co-operate fully with each other and act in good faith, and (subject to the provisions of this Project Agreement) will provide each other with all requisite documents and information in relation thereto; and comply with the Law, in particular public procurement law.

  • In the latter case, the costs of the Market Testing Procedure will be payable by the Contractor.

  • The Contractor shall also require the same from third parties involved in the Market Testing Procedure.

  • PPP Co. will manage the Market Testing tendering process in accordance with the Market Testing Procedure.

  • Execution Version Amended and Restated Schedule 19 Market Testing Procedure NG-KIH Project Implementation Agreement SCHEDULE 19 MARKET TESTING PROCEDURE Schedule 19 to the Project Agreement is incorporated by reference with necessary amendments to reflect that Operations Co, rather than Project Co, will have the benefit of all rights and will be assuming all obligations related to Market Testing.

  • The LEP Partnering Proposals must include detailed proposals on how value for money will be demonstrated in relation to proposals for New Projects including in relation to the Market Testing Procedure set out in Schedule 4.