Common use of Benchmark Report Clause in Contracts

Benchmark Report. 3.1 The Authority shall prepare a Benchmark Report and deliver it to the Supplier, setting out its findings. The Benchmark Report shall: 3.1.1 include a finding as to whether or not each Benchmarked Service is and/or whether the Benchmarked Services as a whole are, Good Value; 3.1.2 include other findings (if any) regarding the quality and competitiveness or otherwise of those Services; and 3.1.3 if any Benchmarked Service is not Good Value, or the Benchmarked Services as a whole are not Good Value, specify the changes that would be required to the Framework Prices to make that Benchmarked Service or those Benchmarked Services as a whole Good Value. 3.2 Benchmark Reviews shall not result in any increase to the Framework Prices or any decrease in the performance of any Services. 3.3 If the Benchmark Report states that any Benchmarked Service is not Good Value, or that the Benchmarked Services as a whole are not Good Value then the Supplier shall implement the changes set out in the Benchmark Report as soon as reasonably practicable within a timescale agreed with the Authority but in any event within no more than one (1) Month of the receipt of the Benchmark Report. 3.4 If the Benchmark Report determines that any or all of the Benchmarked Services are not Good Value, any failure by the Supplier to reduce the Framework Prices in accordance with such timescales agreed between the Parties under paragraph 3. 3 shall, without prejudice to any other rights or remedies of the Authority, constitute a Material Default for the purposes of this Framework Agreement.

Benchmark Report. 3.1 The Authority shall prepare a Benchmark Report and deliver it to the Supplier, setting out its findings. The Benchmark Report shall: 3.1.1 : include a finding as to whether or not each Benchmarked Service is and/or whether the Benchmarked Services as a whole are, Good Value; 3.1.2 ; include other findings (if any) regarding the quality and competitiveness or otherwise of those Services; and 3.1.3 and if any Benchmarked Service is not Good Value, or the Benchmarked Services as a whole are not Good Value, specify the changes that would be required to the Framework Prices to make that Benchmarked Service Service, or those Benchmarked Services as a whole whole, Good Value. 3.2 Value . Benchmark Reviews shall not result in any increase to the Framework Prices or any decrease in the performance of any Services. 3.3 . If the Benchmark Report states that any Benchmarked Service is not Good Value, or that the Benchmarked Services as a whole are not Good Value then the Supplier shall implement the changes set out in the Benchmark Report as soon as reasonably practicable within a timescale agreed with the Authority but in any event within no more than one (1) Month of the receipt of the Benchmark Report. 3.4 . If the Benchmark Report determines that any or all of the Benchmarked Services are not Good Value, any failure by the Supplier to reduce the Framework Prices in accordance with such timescales agreed between the Parties under paragraph 3. 3 2.13 shall, without prejudice to any other rights or remedies of the Authority, constitute a Material Default for the purposes of this Framework Agreement.