Benchmarking Process definition

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

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 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.

Examples of Benchmarking Process in a sentence

• Each Benchmarking Process will be conducted, and the results documented, by the Benchmarker in a commercially reasonable manner and in accordance with the applicable Benchmarking Process.

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

• The Authority may decide not to include a Net Income Benchmarking Process based on the length of the Agreement and the proposed approach to risk transfer, in which case this Part 3 and all associated definitions will not be required.

• The threads or flange on the drain port must be destroyed so that a connection cannot be made to this port.

• Competing Facility Benchmarking Process [Note: This template includes drafting relating to a number of different benchmarking processes.

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 means the objective measurement and comparison process established by the Parties, which shall be designed to measure the performance and cost to Chordiant of the Services against the performance and cost of similar services in the industry.

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.