Benchmarking Report Clause Samples
A Benchmarking Report clause defines the process and requirements for evaluating a product, service, or process against industry standards or competitors. Typically, this clause outlines how benchmarking data will be collected, the frequency of reporting, and the metrics or criteria to be used for comparison. Its core practical function is to ensure transparency and continuous improvement by providing objective assessments, helping parties identify areas for enhancement and maintain competitiveness.
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Benchmarking Report. The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 of this Schedule, setting out its findings. Those findings shall be required to: include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value; if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value. The Parties agree that any changes required to this Framework Agreement identified in the Benchmarking Report may be implemented at the direction of the Authority in accordance with Clause 32. The Authority shall be entitled to publish the results of any benchmarking of the Framework Prices to Other Contracting Bodies.
Benchmarking Report. For the purposes of this Framework Schedule 12 “
Benchmarking Report. 3.3.1 For the purposes of this Framework Schedule 12 “Benchmarking Report” shall mean the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 12;
Benchmarking Report. 2.3.1 The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 above of this Schedule, setting out its findings. Those findings shall be required to:
2.3.1.1 include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value;
2.3.1.2 if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and
2.3.1.3 include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value.
2.3.2 The Parties agree that any changes required to this Framework Agreement identified in the Benchmarking Report may be implemented at the direction of the Authority in accordance with Clause 32 (Variations to this Framework Agreement).
2.3.3 The Authority shall be entitled to publish the results of any benchmarking of the Framework Prices to Other Contracting Bodies.
Benchmarking Report. For the purposes of this Panel Agreement Schedule 12 “
Benchmarking Report. (A) If the Benchmarking Report determines that the prices charged for the Benchmarked Services are not Comparable Prices, then, with effect from the date of the Benchmarking Report, the amount payable to Electrabel by NuclearSub for those Benchmarked Services (should such Services continue to be provided by a member of the ENGIE Group) shall be limited to the highest charges for Comparable Services within the Comparable Sample (excluding any Comparable Services which are an Outlier) (“Benchmarked Price”) and the relevant Annual O&M Budget or Final LTO Budget (as applicable) shall be adjusted accordingly. For the avoidance of doubt, if the Benchmarking Report determines that charges for Comparable Services within a Comparable Sample are higher than the Costs of the Benchmarked Services, the Costs of the Benchmarked Services shall continue to apply.
(B) If the amount payable for the Benchmarked Services is limited to the Benchmarked Price and the relevant Annual O&M Budget or Final LTO Budget (as applicable) adjusted in accordance with Clause 10.3(A), Electrabel may, not less than twelve (12) months after the date of the relevant Benchmarking Report (“Original Benchmarking Report”), by written notice to NuclearSub, propose an increased price for some or all of the Benchmarked Services if Electrabel considers (acting reasonably) that the market price for such services has increased.
(C) NuclearSub shall promptly consider in good faith any proposal from Electrabel under Clause 10.3(B) and, if the Parties agree an increased price for some or all of the Benchmarked Services, then with effect from the date of such agreement, the amount payable to Electrabel by NuclearSub for such Benchmarked Services will be increased to such agreed increased price and the relevant Annual O&M Budget or Final LTO Budget (as applicable) shall be adjusted accordingly.
(D) If the Parties do not agree an increased price in accordance with Clause 10.3(C), Electrabel may re-benchmark some or all of the Benchmarked Services (“Re- Benchmarked Services”) in accordance with Clauses 10.2 to 10.4 (inclusive) provided that (i) Electrabel may not re-benchmark some or all of the Benchmarked Services more than twice over the Term (once prior to Completion of the LTO Services and once from the LTO Restart Date) and (ii) Clauses 10.2 to 10.4 (inclusive) shall be deemed to be modified as required to reflect the context of the re-benchmarking.
(E) If the Benchmarking Report prepared and delivered to ...
Benchmarking Report. The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan approved under paragraph 2.2 of this Schedule, setting out its findings. Those findings shall be required to: include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value in respect of:Framework Price, Rate per head/seat or per impression. If any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value.
Benchmarking Report. For the purposes of this Schedule "
Benchmarking Report. The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan Approved under paragraph 2.2.3 above of this Schedule, setting out its findings. Those findings shall be required to:
Benchmarking Report. The Supplier shall prepare a Benchmarking Report and deliver it simultaneously to the Authority, at the time specified in the plan approved under paragraph 3.2 of this Schedule, setting out its findings. Those findings shall be required to: include a finding as to whether or not a Benchmarked Rate and/or whether the Benchmarked Rates as a whole are, Good Value in respect of the commercial agreements for air (Lot 1) and accommodation (Lot 2),and; day to day booking by Contracting Bodies in the relevant period. if any of the Benchmarked Rates are, individually or as a whole, not Good Value, specify the changes that would be required to make that Benchmarked Rate or the Benchmarked Rates as a whole Good Value; and include sufficient detail and transparency so that the Authority can interpret and understand how the Supplier has calculated whether or not the Benchmarked Rates are, individually or as a whole, Good Value.