PERFORMANCE BENCHMARK AND MONITORING CRITERIA Clause Samples

The PERFORMANCE BENCHMARK AND MONITORING CRITERIA clause establishes specific standards and metrics by which a party’s performance under the agreement will be measured and evaluated. It typically outlines the key performance indicators (KPIs), timelines, and methods for tracking progress, such as regular reporting or audits. By clearly defining expectations and monitoring mechanisms, this clause ensures accountability and provides a basis for addressing underperformance or triggering corrective actions.
PERFORMANCE BENCHMARK AND MONITORING CRITERIA. The standards outlined in this section are subject to review by VIA as and when appropriate.
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PERFORMANCE BENCHMARK AND MONITORING CRITERIA. [Note: The standards outlined in this section are subject to review by VIA as and when appropriate.] A. Performance Benchmarks Two benchmarks are used to track the advisors relative performance: 1. The Lipper Large-Cap Growth Index is used to evaluate performance relative to the average of similar mutual funds. 2. The S&P 500 Index is used to measure performance relative to a market benchmark of stocks. The Subadviser is tracked over one-, three- and five-year periods with the expectation that the Subadviser will outperform the benchmark (net of Subadviser fees).
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Related to PERFORMANCE BENCHMARK AND MONITORING CRITERIA

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Measurement The Uniform Guidance requires completion of OMB-approved standard information collection forms (the PPR). The form focuses on outcomes, as related to the Federal Award Performance Goals that awarding Federal agencies are required to detail in the Awards.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).