Assessed performance Sample Clauses
The "Assessed performance" clause defines how a party's performance under a contract will be measured and evaluated. Typically, this involves setting specific criteria, benchmarks, or key performance indicators (KPIs) that must be met, and may include regular reviews or reporting requirements to track progress. By establishing clear standards for performance assessment, this clause ensures accountability and provides a basis for addressing underperformance or rewarding success, thereby reducing ambiguity and potential disputes over whether contractual obligations have been fulfilled.
Assessed performance the performance of a state assessed by the Commonwealth according to National Collection data, consistent with the performance indicator specifications set out in Schedule A, and taking into consideration any supplementary data provided by the states in accordance with clause 25.