Performance Levels definition
Examples of Performance Levels in a sentence
Aggregate Retained Percentage Amount is the total of all Retained Percentages (as set out in Appendix 1 of Schedule 2.2 (Call-Off Performance Levels)) multiplied by the total Charges paid or payable for the Call-Off Contract Year immediately prior to the Termination Date.
F9.1 The Authority shall monitor the Contractor’s performance in supplying the Services in accordance with the provisions of Schedule 2 (Minimum Performance Levels and Customer Service Standards), Schedule 3 (Monitoring and Information Requirements) and the Provider Guidance or such other requirements as notified by the Authority to the Contractor from time to time.
For the avoidance of doubt in the event of a Dispute between the Parties, the Authority shall continue to pay the Charges to the Supplier in accordance with the terms of this Agreement and the Performance Indicators and Target Performance Levels shall remain unchanged pending the conclusion of the Expert Determination.
If the Parties are unable to agree to such variations then the existing Performance Levels shall continue to apply unless varied by Queensland Rail in accordance with the provisions of Clause 5.6(e).
If either Party notifies the other that it considers that the Performance Levels are no longer appropriate, the Parties may agree on varied Performance Levels and any associated variations to the Agreement including the Base Access Charges and the Train Service Description.