Measuring Performance Sample Clauses
The "Measuring Performance" clause defines how the success or progress of contractual obligations will be evaluated. It typically outlines specific metrics, standards, or benchmarks that must be met, such as delivery timelines, quality thresholds, or service levels, and may describe the methods or tools used for assessment. By establishing clear criteria for performance, this clause ensures both parties have a mutual understanding of expectations and provides a basis for addressing underperformance or disputes.
Measuring Performance a. Performance shall be measured as per timeline and threshold provided in Schelue 12.
b. Indicator performance results shall be reviewed in the quarterly review meetings and reasons for variances, if any, shall be presented by the Insurer.
c. Insurers shall pay SHA all penalties imposed by the SHA in line with KPIs mentioned in Schedule 12 on the Insurer within 15 days of receipt Penalty Notice from SHA. SHA shall ensure that Penalty Notice contains all the details regarding penalties being imposed
d. Penalty Notice shall be shared with Insurers in each quarter and calculation of penalties shall be as detailed in Schedule 12.
e. If the Insurer wishes to contest the penalty levied by ▇▇▇, it may represent to the SHA along with necessary documentary proof within 7 days of receipt of the notice.
f. ▇▇▇ may examine the evidence and facts and arrive at final penalty amount/decision and shall convey the same to Insurer withing 7 days.
g. Failure to pay penalty within the timeline will invite penal interest on the panalties as specified in Schedule 12.D.
h. If the Insurer fails to pay Penalty within 90-day period and/ or the default interest thereon, the SHA shall be entitled to recover such amount along with applicable intrest, if any, as a debt due from the Insurer. Please refer to Clause 41 for details regarding Dispute Resolution
i. Also, based on the review, the SHA shall have the right to issue rectification orders demanding the performance to be brought up to the levels desired as per the AB-PMJAY Guidelines.
j. In the event of delay due to IT system downtime, KPI penalties shall not be applicable
k. Along with monitoring of KPIs, SHA may issue rectification orders to Insurer. All such rectifications shall be undertaken by the Insurer within 30 days of the date of issue of such Rectification Order unless stated otherwise in such Order(s).
l. At the end of the rectification period, the Insurer shall submit an Action Taken Report with evidences of rectifications done to the SHA.
m. If the SHA is not satisfied with the Action Taken Report, it shall call for a follow up meeting with the Insurer and shall have the right to take appropriate actions within the overall provisions of the Insurance Contract between the SHA and the Insurer.
n. SHA as policy holder can also approach to IRDAI for necessary action in case the Insurer persistently fails to meet contractual obligations. Such instances of default may related to - as not meeting baseline KPIs, not paying p...
Measuring Performance. 16.1 BCI scores for Accreditation are based on objective data that Best Companies obtains from the measurement process. The intention is not to judge by way we think is best but to produce an accurate measure of what employees think. Subscribers will be assessed on eight key workplace factors by measuring employee responses to the Employee Survey.
16.2 Best Companies' methodology details the process and measurement of performance. A detailed description of our methodology is available at ▇▇▇.▇.▇▇.▇▇ and for the avoidance of doubt in agreeing to these terms the Subscriber agrees and accepts this methodology and scoring.
Measuring Performance. The Census Bureau seeks a complete, accurate, and efficient decennial census in 2020. The Census Bureau wants to optimize self-response and preserve and improve upon the mail participation rates achieved during the 2010 Census. An effective 2020 Census Integrated Communications Contract contributes to the achievement of these objectives, but a direct link may be impossible given the many other contributing factors on which these objectives are based as well as the operational realities of a once-a-decade, nationwide census. The evaluation of the overall communications program will be designed and implemented through a separate contract with an independent contractor. Evaluating the effectiveness of the overall program will involve assessing the extent to which the program moves people toward the goal of responding to the census. This may consist of: • Measuring the effectiveness of specific messages for target audiences. • Measuring increases in awareness of the census and changes in attitudes toward the census. • Measuring changes in intention to respond to the census and actually doing so either online, by telephone, or by paper. These are general measures of effectiveness, and when used together, provide a good indicator of how well a program does in support of the overall objectives. The Contractor shall be responsible for working with the independent evaluation contractor to provide necessary metrics, data analytics, and information necessary for the evaluation contractor to effectively evaluate the components of work under the 2020 Census Integrated Communications Contract. The performance measures for the Contractor will be determined on a task-by-task basis in consultation between the Census Bureau and the Contractor. If performance measures are proposed by the Contractor, they are subject to Census Bureau approval. Progress toward the achievement of small business subcontracting goals will be one measure used in the contract.
Measuring Performance.
a. Performance shall be measured as per timeline and thresholds provided in Schedule 12 for each indicator.
b. Indicator performance results shall be reviewed in the quarterly review meetings and reasons for variances, if any, shall be presented by the Third-Party Administrator / Implementation Support Agency.
c. All penalties imposed by the SHA on the TPA / ISA shall have to be paid by the TPA / ISA within 30 days of receipt of such notice.
d. Penalty Notice shall be shared with the ISA in each quarter and calculation of penalties shall be as detailed in Schedule 12
e. If the TPA wishes to contest the penalty levied by the SHA, it may represent to the SHA along with the necessary documentary proof within 7 working days of the receipt of the notice
f. ▇▇▇ may examine the evidence and facts and arrive at final penalty amount / decision and shall convey the same to TPA within 15 working days.
g. In the event of delay due to IT system downtime, KPI penalties shall not be applicable. Such delay / downtime should be communicated to SHA and concurrence taken. Issues raised at the time of fee processing will not be accepted.
h. Based on the review, the SHA shall have the right to issue rectification orders demanding the performance to be brought up to the levels desired as per the AB PM-▇▇▇ – KASP Guidelines. All such rectifications shall be undertaken by the TPA/ISA within 30 days of the date of issue of such Rectification Order unless stated otherwise in such Order(s).
i. At the end of the rectification period, the TPA/ISA shall submit an Action Taken Report with evidence of rectifications done to the SHA.
j. If the SHA is not satisfied with the Action Taken Report, it shall call for a follow up meeting with the TPA/ISA and shall have the right to take appropriate actions within the overall provisions of the Implementation Support Contract between the SHA and the TPA/ISA.
Measuring Performance. 16.1 The Best Companies Index (BCI) scores and where applicable, positions on the Lists are based on objective data that Best Companies obtains from the measurement process. The intention is not to judge by what we think is best but to produce an accurate measure of what employees think. Clients will be assessed on eight key workplace factors by measuring employee responses to the Employee Survey.
16.2 Best Companies' methodology details the process and measurement of performance. A detailed description of our methodology is available at ▇▇▇.▇.▇▇.▇▇ and for the avoidance of doubt in agreeing to these terms the Client agrees and accepts this methodology and scoring.
Measuring Performance. The Committee shall evaluate and certify the Company’s performance against the goals described in the Vesting Appendix on or before the second anniversary of the Date of Grant.
Measuring Performance. Cost and schedule are relatively easy to measure. If there are early profit distributions, however, there must be a method for comparing progress achieved to the progress required at that milestone. This will invariably involve some level of estimating using a modified earned value calculation with claw-back and true-up provisions. Assessing quality can be more subjective. There are at least three approaches that have been used. First, the completed project can be compared to previously identified similar projects using a matrix of characteristics. Second, an independent assessor or assessors can evaluate the project based on the initial program and a characteristics matrix. These approaches generate a score that is used to adjust distributions. The third approach lists project elements as required or desirable. If required elements are present, but do not meet a quality standard, they reduce the quality index. If they are done exceptionally well, they can raise the quality index. Desirable elements raise the quality index if they are achieved and raise the index higher if they are done exceptionally well. A quality index reduces the incentive to “skimp” to achieve target cost. But because it is subjective, it raises concerns regarding the fairness of its application. The subjectivity of the quality index may affect its weight relative to other more objective criteria, such as cost and schedule.
Measuring Performance. 16.1 Final scores for Competition and related Sunday Times list position are based on objective data that Best Companies obtains from the measurement process. The intention is not to judge by the way we think is best but to produce an accurate measure of what employees think. Subscribers will be assessed on eight key workplace factors by measuring employee response to the Employee Survey.
16.2 Best Companies' methodology details the process and measurement of performance. A detailed description of our methodology is available at ▇▇▇.▇.▇▇.▇▇ and for the avoidance of doubt in agreeing to these terms the Subscriber agrees and accepts this methodology and scoring.
Measuring Performance. The oversight of investment performance is a primary function of the BIC, with independent reporting provided by the Investment Risk and Performance team. Investment performance should ultimately be evaluated according to the extent to which ACC’s investments have achieved the objectives of enhancing returns and reducing risk, and how that performance compares with global investment markets’ performance. The Investment Group measures the performance of each portfolio against a relevant benchmark, and measures ACC’s overall investment return against a composite benchmark. Inherently, most investment decisions involve a considerable degree of uncertainty, and the outcomes of a few investment decisions in a short period of time could be regarded as being due more to luck than skill. But with enough time and enough distinct investment decisions to consider, ACC expects that any unpredictable positive or negative results will average out. Therefore, investment performance over a longer timeframe is more likely to reflect mainly the quality of the investment decisions rather than the ‘noise’ of relatively unpredictable fluctuations in investment markets. The investment strategy and policies are implemented through standards and procedures that sit outside this document. Standards and procedures are monitored and controlled centrally by the ACC Investment Compliance team and are reviewed and reported to the BIC on an ongoing basis. Service Agreement 2025/26 64 Glossary of terms The primary legislation which sets out the functions of the Accident Compensation Scheme, and establishes ACC to deliver it. A person who makes a claim under the Scheme. A measure of the price change of goods and services purchased by private New Zealand households. An organisation in which the Government has a controlling interest, as defined in the Crown Entities Act 2004.
Measuring Performance. 16.1 Final scores and list positions for The Lists are based on objective data that Best Companies obtains from the measurement process. The intention is not to judge by the way we think is best but to produce an accurate measure of what employees think. Subscribers will be assessed on eight key workplace factors by measuring employee response to the Employee Survey.
16.2 Best Companies' methodology details the process and measurement of performance. A detailed description of our methodology is available at ▇▇▇.▇.▇▇.▇▇ and for the avoidance of doubt in agreeing to these terms the Subscriber agrees and accepts this methodology and scoring.