Common use of Benchmarking Process Clause in Contracts

Benchmarking Process. 2.2.1 The Supplier shall produce and send to the Authority for Approval, a draft plan for the Benchmark Review. 2.2.2 The plan must include: 2.2.2.1 a proposed timetable for the Benchmark Review; 2.2.2.2 a description of the benchmarking methodology to be used; 2.2.2.3 a description that demonstrates objectively and transparently that the benchmarking methodology to be used is capable of fulfilling the benchmarking purpose; and 2.2.2.4 a description of how the Supplier will scope and identify the Comparison Group. 2.2.3 The Authority must give notice in writing to the Supplier within ten (10) Working Days after receiving the draft plan, advising whether it Approves the draft plan, or, if it does not approve the draft plan, suggesting amendments to that plan. The Authority may not unreasonably withhold or delay its Approval of the draft plan and any suggested amendments must be reasonable.