Common use of Monitoring of Contract Performance Clause in Contracts

Monitoring of Contract Performance. 17.1 Prior to the Commencement Date the Authority shall agree in consultation with the Contractor the arrangements for the purpose of monitoring performance by the Contractor of its obligations under this Contract, based on the requirements detailed in Statement of Service Requirements and KPI‟s. 17.2 These arrangements will include without limitation: i. NOT USED; ii. regular meetings; iii. the regular delivery of written management reports as to be agreed between the Parties; iv. monthly report on Key Performance Indicators; 17.3 All such arrangements will be carried out by the Contractor in a timely manner, as reasonably required by the Authority, and in line with Good Industry Practice. 17.4 Failure to meet the KPIs specified in Section 4: Statement of Services Requirement will entitle the Authority to claim from the Contractor, discount in accordance with Paragraph 3 “Remuneration & Performance” of the Key Performance Indicators of Section 4: Statement of Services Requirement & KPIs.