Performance criteria

Performance criteria

Criteria against which the performance of a party to a contract is measured to determine if that party’s obligations are fulfilled.
References in periodicals archive ?
The board will resolve on the plan's performance criteria and on the performance levels at the beginning of each performance period.
Subject to shareholder approval, this unique plan proposes to allocate 50 mn shares (or 5 crore shares) equating 1.15% of the company's equity shares to a broad base of employees, which will vest on challenging performance criteria.
60kv las of similar or higher voltage rating to power sector utilities/ psus/ sebs 3) performance criteria 3.1) at least 40 of nit quantity (total nit quantity is 24 nos.
Amman, May 9 (Petra)--The Cabinet entrusted the Ministry of Planning and International Cooperation to put an executive plan and performance criteria for the 2018-2022 plan to stimulate the Jordanian economy, and include them in executive development programs.
Under the terms of the acquisition, the maximum purchase price is GBP 2.6m (USD 3.36m) dependent upon performance criteria of the business acquired.
Under the Trabaho bill, the Commission on Higher Education (CHEd) and the Department of Education will put in place a performance criteria ensuring that schools provide quality education, Chua said.
Provided that they comply with established performance criteria to be determined and evaluated by the Commission on Higher Education (CHED), Department of Education (DepEd) and Department of Health (DOH).
In completing the review, the Executive Board also approved the authorities' request for modification of three performance criteria: on domestic revenues, net international reserves, and net credit to government reflecting updates to the macroeconomic framework.
As part of these efforts, we've proposed a new option for 510(k) clearance that will modernize the FDA's approach to moderate risk devices by allowing manufacturers to use objective performance criteria to facilitate demonstration of substantial equivalence of their new products to legally marketed devices.
The Fund said it also approved the Tunisian government request for "waivers of non-observance of end of December performance criteria on net international reserves, net domestic assets, the primary fiscal deficit, and current primary spending; and the non-observance of the continuous performance criterion on imposing or intensifying restrictions on the making of payments and transfers for current international transactions." It also granted approval for the retention of an exchange restriction barring trade credit for certain non-essential imports until December 31, 2018," according to the IMF.
So far it has defined the key features and performance criteria required of a self-drive car.
Meanwhile, the report said that two performance criteria have been missed.

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