Target Operating Model (XXX Sample Clauses

Target Operating Model (XXX. Contractor shall develop the XXX for the Program to articulate how the Workforce Partners intend to provide functionality in the future to benefit all impacted stakeholders and provide the “big picture” of the To-Be solution across the business and technical domains of the Program. The XXX will be the framework for defining the business vision of the Program and aligning it to the core capabilities, functionalities, and processes to deliver value to both internal and external stakeholders.
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Target Operating Model (XXX. For this project, our team has developed a 5 month project approach that will document ARDOT’s existing processes, organizational structure, regulatory environment, people and technology capabilities and create recommendations to create a future-state vision that aligns its organizational mission and vision. An overview of our activities and deliverables for this engagement are outlined below. Phase 0: Project Planning Phase 1: Current State Assessment Phase 2: Recommendations and Roadmap Objective • Align expectations, confirm requirements and timelines • Define ARDOT’s strategic position, operational capabilities, and regulatory environment for the entire organization, with a deeper focus on the expenditures and procurement processes • Develop recommendations that address challenges identified in the current state assessment Activities Key Activities • Hold kick-off meeting • Develop project schedule Key Activities • Facilitate strategy session with senior leadership • Define key functional areas and strategic positioning Key Activities • Review pain-points and identify recommendations for improvements and efficiencies Phase 0: Project Planning Phase 1: Current State Assessment Phase 2: Recommendations and Roadmap • Standardize status reporting process and template • Establish project governance structure • Review existing documentation including organization, process, technology, regulatory, expenditures, and internal controls documents • Interview key stakeholders • Document key process flows and pain points • Identify functional best practices of similar state Highway Departments/DOTs • Prioritize and sequence recommendations based on impact/effort assessment • Determine recommendations on legislation • Draft final recommendations report • Assist with draft legislation based on recommendations Deliverables • Project schedule • Project Management Plan • ARDOT’s strategic vision • Current state assessment of agency operations capabilities: Process, org Structure, people capabilities, and technology • Regulatory risk assessment with opportunities to streamline processes • Future state recommendations report and roadmap • Draft legislation • Testimony (where necessary) In addition, beyond this 5 month time-frame, our team will be available to provide additional support as needed specifically as it relates to conducting additional ARDOT related analyses, and assisting with drafting any subsequent legislation or providing additional testimony. Guidehouse su...
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Related to Target Operating Model (XXX

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

  • Variances From Operating Budget Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account (excluding any taxes) at the time of signing the definitive agreement for the Business Combination with such Target Business. The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an unaffiliated, independent investment banking firm, or another independent entity that commonly renders valuation opinions. The Company is not required to obtain such an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Target Population TREATMENT FOR ADULT (TRA) Target Population

  • Target Net Assets The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • The Product Energy Resource Interconnection Service allows Interconnection Customer to connect the Large Generating Facility to the Transmission System and be eligible to deliver the Large Generating Facility's output using the existing firm or non-firm capacity of the Transmission System on an "as available" basis. To the extent Interconnection Customer wants to receive Energy Resource Interconnection Service, Transmission Provider shall construct facilities identified in Appendix A.

  • Targets Seller’s supplier diversity spending target for Work supporting the construction of the Project prior to the Commercial Operation Date is ____ percent (___%) as measured relative to Seller’s total expenditures on construction of the Project prior to the Commercial Operation Date, and;

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

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