Framework KPI Review Process Sample Clauses

Framework KPI Review Process. If Service Providers meet the minimum requirements noted above (Framework KPIs) their total combined price and quality score will not change. If however, the minimum standards noted above (Framework KPIs) are not met, the price and quality score will be reduced by a set percentage for each of the KPIs that fail to meet the minimum requirements noted above (Framework KPIs). The reduction in the total combined price and quality score for each KPI will be as follows: • KPI 1 – 0.5% reduction for each monthly breach during each of the Framework KPI Review periods (therefore, if there are 3 breaches over one review period this will equate to a reduction of 1.5%) • KPI 2 – 0.5% reduction for each monthly breach during each of the Framework KPI Review periods (therefore, if there are 3 breaches over one review period this will equate to a reduction of 1.5%)
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Framework KPI Review Process. If Service Providers meet the minimum requirements noted above (Framework KPIs) their total combined price and quality score will not change. If however, the minimum standards noted above (Framework KPIs) are not met, the price and quality score will be reduced by a set percentage for each of the KPIs that fail to meet the minimum requirements noted above (Framework KPIs). The reduction in the total combined price and quality score for each KPI will be as follows:  KPI 1 – 0.5% reduction for each monthly breach during each of the Framework KPI Review periods (therefore, if there are 3 breaches over one review period this will equate to a reduction of 1.5%)  KPI 2 – 0.5% reduction for each monthly breach during each of the Framework KPI Review periods (therefore, if there are 3 breaches over one review period this will equate to a reduction of 1.5%) Contract amendments are client specific and will be issued at point of call off 1. The Capability Criteria may include: - The Service Provider’s capability to carry out a project of the size and complexity of the proposed project; - The Service Provider’s capability to carry out works in the locality of the proposed project; - The Service Provider’s capability to carry out projects involving the type of construction that the proposed project involves - The Service Provider’s financial stability and standing; - The insurances held by the Service Provider; - The Service Provider’s health and safety record; - The Service Provider’s capacity, taking into account the value of Services already awarded to it under the Framework Agreement; and - The Service Provider’s performance against Call Off Contract KPIs on current or previous Call Off Contracts awarded to it under the Framework Agreement; 2. The Service Providers acknowledge that in determining whether a Service Provider satisfies the Capability Criteria in respect of a particular Call Off Contract the Client or the Authorised Entity may have regard to: a. the information provided by the Service Provider in its tender submission for a place on the Framework Agreement (the “Tender Submission”); b. any update of such information that the Service Provider provides pursuant to paragraph 3 of this Schedule 4; and c. any other information or knowledge that the Client or the Authorised Entity holds about the Service Provider (whether obtained through market sources or otherwise), and which the Client or the Authorised Entity considers relevant. 3. On an annual basis d...
Sample 1

Related to Framework KPI Review Process

  • Review Protocol A narrative description of how the Claims Review was conducted and what was evaluated.

  • Review Procedure If the Plan Administrator denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the Plan Administrator of the denial, as follows:

  • Claims Review Population A description of the Population subject to the Claims Review.

  • Asset Representations Review Process Section 3.01 Asset Representations Review Notices and Identification of Review Receivables. On receipt of an Asset Representations Review Notice from the Seller according to Section 5.7 of the Receivables Purchase Agreement, the Asset Representations Reviewer will start an Asset Representations Review. The Servicer will provide the list of Review Receivables to the Asset Representations Reviewer promptly upon receipt of the Asset Representations Review Notice. The Asset Representations Reviewer will not be obligated to start, and will not start, an Asset Representations Review until an Asset Representations Review Notice and the related list of Review Receivables is received. The Asset Representations Reviewer is not obligated to verify (i) whether the conditions to the initiation of the Asset Representations Review and the issuance of an Asset Representations Review Notice described in Section 7.6 of the Indenture were satisfied or (ii) the accuracy or completeness of the list of Review Receivables provided by the Servicer.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!