Common use of Benchmarking Report Clause in Contracts

Benchmarking Report. 2.3.1 The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 above of this Schedule, setting out its findings. Those findings shall be required to: 2.3.1.1 include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value; 2.3.1.2 if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and 2.3.1.3 include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value. 2.3.2 The Parties agree that any changes required to this Framework Agreement identified in the Benchmarking Report may be implemented at the direction of the Authority in accordance with Clause 32 (Variations to this Framework Agreement). 2.3.3 The Authority shall be entitled to publish the results of any benchmarking of the Framework Prices to Other Contracting Bodies.

Benchmarking Report. 2.3.1 The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 above of this Schedule, setting out its findings. Those findings shall be required to: 2.3.1.1 include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value; 2.3.1.2 if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and 2.3.1.3 include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value. 2.3.2 The Parties agree that any changes required to this Framework Agreement identified in the Benchmarking Report may be implemented at the direction of the Authority in accordance with Clause 32 (Variations to this Framework Agreement)33. 2.3.3 The Authority shall be entitled to publish the results of any benchmarking of the Framework Prices to Other Contracting Bodies.

Benchmarking Report. 2.3.1 The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 Benchmarking Process.3 above of this Schedule, setting out its findings. Those findings shall be required to: 2.3.1.1 include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value; 2.3.1.2 if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and 2.3.1.3 include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value. 2.3.2 The Parties agree that any changes required to this Framework Agreement identified in the Benchmarking Report may be implemented at the direction of the Authority in accordance with Clause 32 VARIATIONS TO THIS FRAMEWORK AGREEMENT (Variations to this Framework Agreement). 2.3.3 The Authority shall be entitled to publish the results of any benchmarking of the Framework Prices to Other Contracting Bodies.