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 (Benchmarking);

Examples of Benchmarking Exercise in a sentence

  • Camacho, Lessons Learned in Empirical Scoring with smina from the CSAR 2011 Benchmarking Exercise, J.

  • TfL and the Service Provider will resolve any dispute related to the performance of the Benchmarking Exercise in accordance with the Dispute Resolution Procedure.

  • 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.

  • The Benchmarking Exercise shall be conducted by the Benchmarker during Business Hours.

  • After Project Co submits the Benchmarking Proposal, Project Co will carry out the Benchmarking Exercise for the relevant Market Tested Services.


More Definitions of Benchmarking Exercise

Benchmarking Exercise has the meaning set out in Section 4.1 of Xxxxxxxx 0X [Market Testing Procedure];
Benchmarking Exercise means the exercise undertaken by the PPP Co pursuant to Clause [●] (Market Testing and Benchmarking) in relation to the Testable Services.
Benchmarking Exercise means the objective measurement and comparison of the Service Charges, Services and Standards, including but not limited to processes and technologies used by the Service Provider, by the Benchmarker as specified in paragraph 4 of this schedule;
Benchmarking Exercise has the meaning set out in Schedule 8 [Payments]; “Beneficiary” has the meaning set out in Section 9.2 (Conduct of Third Person Claims); “BI Policy” has the meaning set out in Schedule 5 [Insurance Requirements];
Benchmarking Exercise has the meaning given in Section 8.2 of Schedule 8 [Payments];
Benchmarking Exercise has the meaning given in Section 49.1 (Benchmarking);
Benchmarking Exercise has the meaning given in clause 35.3.1 (Benchmarking and Market Testing);