Calculation of Quarterly Performance Deductions
4.7. The Quarterly Performance Deduction in respect of each Contract Month shall be calculated as follows:
PDQq = (QUCn x QPF) x QSPR | ||
PDQq | Quarterly Performance Deduction for the Contract Quarter (q) | |
QUCn | Gross Quarterly Unitary Charge for Contract Quarter (q) | |
QPF | Quarterly Performance Factor, which for the purposes of this payment mechanism shall be [X%] | |
QSPR | Sub-standard Performance Ratio for Key Quarterly Performance Indicators for the Contract Quarter | |