Benchmarking Exercise definition

Benchmarking Exercise means an exercise carried out under clause 34.2 (Benchmarking);

Benchmarking Exercise means an exercise carried out by the Parties in accordance with clause 78 (Benchmarking) to assess whether the processes and procedures used by the Supplier to deliver the Services might be improved having regard to processes and procedures used by third parties to deliver similar services in similar circumstances;

Benchmarking Exercise benchmarking in accordance with Clause26.1

Examples of Benchmarking Exercise in a sentence

After Project Co submits the Benchmarking Proposal, Project Co will carry out the Benchmarking Exercise for the relevant Market Tested Services.
Project Co will maintain complete and accurate records of each Benchmarking Exercise and will present the results of the Benchmarking Exercise to the Authority, together with all necessary supporting documentation and such other information for full transparency of relevant cost and other information relating to the Benchmarking Exercise and as the Authority may reasonably require in order to evaluate properly the results of the Benchmarking Exercise.
Project Co will, prior to the start of the Benchmarking Exercise, submit a proposal (the “Benchmarking Proposal”) for the pricing of each Market Tested Service that is the subject of the Benchmarking Exercise.
Benchmarking Exercise The carrying out of Benchmarking, typically at regular intervals.
Lessons Learned in Empirical Scoring with Smina From the CSAR 2011 Benchmarking Exercise.

Benchmarking Exercise has the meaning given to it in Clause 28.1.1 (Benchmarking);

Benchmarking Exercise has the meaning set out in Section 4.1 of Appendix 4G [Market Testing Procedure];

Benchmarking Exercise means an exercise carried out under clause 35.1 (Benchmarking of the Tested Custodial Service) and pursuant to the “Operational Taskforce Note 1: Benchmarking and market testing guidance” dated October 2006 and published by HM Treasury (which, for the avoidance of doubt, shall not include any update to or replacement of such note);

Benchmarking Exercise has the meaning given in Section 8.2 of Schedule 8 [Payments];

Benchmarking Exercise means the exercise undertaken by PPP Co. pursuant to Clause 25.1 (Benchmarking) in relation to the Testable Services;

Benchmarking Exercise has the meaning set out in Appendix 4B [Market Testing Procedure]; “Benchmark Price Range” has the meaning set out in Appendix 4B [Market Testing Procedure]; “Benchmarking Proposal” has the meaning set out in Appendix 4B [Market Testing Procedure]; “Beneficiary” has the meaning set out in Section 9.2 (Conduct of Third Person Claims);

Benchmarking Exercise has the meaning set out in Section 4.1 of Xxxxxxxx 0X [Market Testing Procedure];