Operating Period Goals Sample Clauses

Operating Period Goals a. During the Operating Period the Developer shall make good faith efforts to achieve the Routine O&M Work ESB Goal applicable to each five Contract Year period and the Renewal Work DBE Goal applicable to each five Contract Year period (collectively, the “Operating Period Small Business Goals”) as set out below. Following consultation with the Developer, the Department may lower any of these goals at any time if it reasonably believes, upon evaluation of the DBE and ESB markets, that such goal is unachievable. Routine O&M Work ESB Goal b. As further outlined in Appendix C to this Schedule 15, commencing with the Contract Year during which the Substantial Completion Date occurs, the Developer shall make good faith efforts to achieve $850,000 total (indexed) of ESB participation in the Routine O&M Work (the “Routine O&M Work ESB Goal”) during each sequential five Contract Year period during the Operating Period, with the first such period being the Contract Year during which the Substantial Completion Date occurs and the immediately following four Contract Years (provided that, if applicable, the amount of such goal shall be prorated for the first such period to account for the Substantial Completion Date occurring part way through a Contract Year). c. The Developer and the Department shall meet at agreed upon intervals, but no less than annually, to evaluate the Developer’s progress toward achieving the then applicable Routine O&M Work ESB Goal (such meeting may be the annual progress review held pursuant to Section 6 of this Schedule 15). d. At the end of each five Contract Year period, the Department will evaluate whether the Developer has achieved the Routine O&M Work ESB Goal and its efforts to achieve such goal, in order to determine whether a payment deduction shall be made pursuant to Section 1.3.2.a of this Schedule 15. Whether or not the Developer has achieved the goal, the Developer shall submit for review by the Department documentation evidencing the good faith efforts that the Developer considers it has taken to achieve the goal. Renewal Work DBE Goal e. As further outlined in Appendix C to this Schedule 15, commencing with the Contract Year during which the Substantial Completion Date occurs, the Developer shall make good faith efforts to achieve the Renewal Work DBE Goal (as defined in Section 6.2.2.f of this Schedule 15) during each sequential five Contract Year period during the Operating Period, with the first such period being the Contrac...
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Related to Operating Period Goals

  • Contract Goals A. For purposes of this procurement, OGS conducted a comprehensive search and determined that the Contract does not offer sufficient opportunities to set goals for participation by MWBEs as subcontractors, service providers, or suppliers to Contractor. Contractor is, however, encouraged to make every good faith effort to promote and assist the participation of MWBEs on this Contract for the provision of services and materials. The directory of New York State Certified MWBEs can be viewed at: xxxxx://xx.xxxxxxxxxxxxxx.xxx/FrontEnd/VendorSearchPublic.asp?TN=ny&XID=2528. Additionally, following Contract execution, Contractor is encouraged to contact the Division of Minority and Women’s Business Development ((000) 000-0000; (000) 000-0000; or (000) 000-0000) to discuss additional methods of maximizing participation by MWBEs on the Contract. B. Good Faith Efforts Pursuant to 5 NYCRR § 142.8, evidence of good faith efforts shall include, but not be limited to, the following: 1. A list of the general circulation, trade, and MWBE-oriented publications and dates of publications in which the Contractor solicited the participation of certified MWBEs as subcontractors/suppliers, copies of such solicitations, and any responses thereto. 2. A list of the certified MWBEs appearing in the Empire State Development (“ESD”) MWBE directory that were solicited for this Contract. Provide proof of dates or copies of the solicitations and copies of the responses made by the certified MWBEs. Describe specific reasons that responding certified MWBEs were not selected. 3. Descriptions of the Contract documents/plans/specifications made available to certified MWBEs by the Contractor when soliciting their participation and steps taken to structure the scope of work for the purpose of subcontracting with, or obtaining supplies from, certified MWBEs. 4. A description of the negotiations between the Contractor and certified MWBEs for the purposes of complying with the MWBE goals of this Contract. 5. Dates of any pre-bid, pre-award, or other meetings attended by Contractor, if any, scheduled by OGS with certified MWBEs whom OGS determined were capable of fulfilling the MWBE goals set in the Contract. 6. Other information deemed relevant to the request.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Project Goals The schedule, budget, physical, technical and other objectives for the Project shall be defined.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Annual Performance Review The Employee’s performance of his duties under this Agreement shall be reviewed by the Board of Directors or a committee of the Board of Directors at least annually and finalized within thirty (30) days of the receipt of the annual audited financial statements. The Board of Directors or a committee of the Board of Directors shall additionally review the base salary, bonus and benefits provided to the Employee under this Agreement and may, in their discretion, adjust the same, as outlined in Addendum B of this Agreement, provided, however, that Employee’s annual base salary shall not be less than the base salary set forth in Section 4(A) hereof.

  • Goals Goals define availability, performance and other objectives of Service provisioning and delivery. Goals do not include remedies and failure to meet any Service Goal does not entitle Customer to a Service credit.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Measurement The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards.

  • Program Goals CalHFA MAC envisions that these monies would be used to complement other federal or lender programs designed specifically to stabilize communities by providing assistance to homeowners who have suffered a financial hardship and as a result are no longer financially able to afford their first-lien mortgage loan payments or their Property Expenses when associated with a Federal Housing Administration (“FHA”) Home Equity Conversion Mortgages (“HECM”) loan, only.

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