(a)  Required outcome 

(i)  The provision of value for money to the Participants, and the wider community, over the term of this Agreement in relation to Ongoing Partnering Services.

(b)  Scope

(i)  Achieve value for money in the delivery of Ongoing Partnering Services across the Territory through the following:

(1)  operating a planned and structured programme for reviewing and improving the ongoing performance of hubco and its supply chain;

(2)  effective monitoring and measurement of actual cost over the term of this Agreement including the collection and verification of actual cost data; and

(3)  effective management of Partnering Services Costs and the Participants' transaction costs through the removal of unnecessary duplication, the development of close partnership working, the early engagement of funders and the Supply Chain Members, and the appropriate use of standardisation and innovation.

(ii)  Continuous improvement in value for money over the term of this Agreement through measurable improvements in outcomes and/or reductions in the overall and elemental cost of Project Services and Partnering Services over the term of this Agreement.

(iii)  Market Testing of the Partnering Services supply chain or other effective demonstration of value for money where appropriate, in all cases in accordance with the provisions of Section 4 (Partnering Services Costs Rates) of Schedule Part 3 (Partnering Services) and Schedule Part 4 (Partnering Services Costs).

(iv)  The provision of elemental cost data (both estimated and actual) from each Approved Project as necessary for the demonstration of continuous improvement in costs and/or value for money and/or for inclusion in a hub benchmarking database, all in accordance with Clause 13 (Value for Money). 

(v)  Contribute to improvements in Participants' value for money in the delivery of Community Services through improvements in efficiency and operating cost of facilities through economies of scale and any other measures applicable.