Benchmark Review definition

Benchmark Review means a review of the Services carried out in accordance with paragraphs 2.1 to 2.3 of Schedule 7 (Value for Money) of this Framework Agreement to determine whether those Services represent Good Value;

Benchmark Review means a review of the Goods and/or Services carried out in accordance with this Framework Schedule 12 to determine whether those Goods and/or Services represent Good Value "Benchmarked Goods and/or Services" means any Goods and/or Services included within the scope of a Benchmark Review pursuant to this Framework Schedule 12

Benchmark Review means the process of comparing the Goods and Services against other provision as set out in the Specification or as subsequently agreed between the Parties.

Examples of Benchmark Review in a sentence

• The plan must include: a proposed timetable for the Benchmark Review; a description of the benchmarking methodology to be used; a description that demonstrates objectively and transparently that the benchmarking methodology to be used is capable of fulfilling the benchmarking purpose; and a description of how the Supplier will scope and identify the Comparison Group.

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

• The Authority shall not be entitled to request a Benchmark Review during the first six (6) Month period from the Framework Commencement Date nor at intervals of less than twelve (12) Months after any previous Benchmark Review.

• The purpose of a Benchmark Review will be to establish whether the Benchmarked Goods and/or Services are, individually and/or as a whole, Good Value.

• The purpose of a Benchmark Review will be to establish whether the Benchmarked Rates are, individually and/or as a whole, Good Value.

More Definitions of Benchmark Review

Benchmark Review. “Benchmarked Rates” means a review of the Goods and Services carried out in accordance with paragraphs 2.1 to 2.3 of Framework Schedule 7 (Value for Money) to determine whether those Goods and Services represent Good Value; means the rates for Goods and Services that the Supplier elects to include in a Benchmarking Review, based on forecast frequency of use;

Benchmark Review means a review by the Authority or the Contracting Authority of the Services making a comparison of service delivery by all Providers under any call off contract on a value for money basis.

Benchmark Review means a review of the Panel Services carried out in accordance with this Panel Agreement Schedule 12 to determine whether those Panel Services represent Good Value

Benchmark Review means a review of the air or accommodation rates achieved in: the commercial agreements for air (Lot 1) and accommodation (Lot 2), and day to day booking by Contracting Bodies in the relevant period. to determine whether the rates represent Good Value;

Benchmark Review a review required by the Authority in accordance with this Schedule 6. Benchmarked Services: the Services taken as a whole.

Benchmark Review means a review of the Services carried out in accordance with Schedule 6 (Benchmarking) to determine whether those Services represent Good Value; Benchmarked Services means the Services that HSBC elects to include in a Benchmark Review; Benchmarker means the independent third party appointed under paragraph 4 of Schedule 6 (Benchmarking); Beta Deliverable means the second on-line or developed Deliverable in the applicable Project that incorporates changes made to the Alpha Deliverable version; Best Endeavours means to take every step necessary to achieve the desired result including taking any action and making available any resources to the extent necessary to achieve the desired objective but shall not require taking any step(s) that would result in any material detriment to the relevant party required to achieve the objective or any breach of Law; Best Industry Standards means all relevant practices and professional standards that would be expected of a well-managed "top tier" expert service provider performing services substantially similar to the Services (taking into account factors such as the Operational Measures, Super KPI, term and pricing), to customers of the same nature and size as HSBC and/or any other HSBC Group Member (as the case may be);

Benchmark Review means a review of the Venue rates and the Event