benchmark

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benchmark

(bench′mark″)
1. A criterion of quality or service in health care, usually expressed as a measurable standard.
2. A reference standard or basis for comparison that serves as a definition of a norm.
References in periodicals archive ?
The Bapco Modernization Program (BMP) represents a major expansion and upgrade of the facility that will increase the total Refinery throughput.
On the question of financing the BMP, Dr Bartlett says Bapco continues to progress its discussions on BMP financing primarily with prospective lenders.
TechnipFMC, jointly with Samsung Engineering and Tecnicas Reunidas, were earlier awarded a $4.2 billion contract by Bapco for the project.
Dr Pete Bartlett, Bapco chief executive, explained: "We are excited about the long-term growth potential of this unique joint venture and are proud to be working with a company of Greenergy's industry calibre and international reputation.
Earlier, the Supreme Council for the Environment discussed with Bapco representatives the environmental feasibility of the MTBE compound as a petrol enhancer and additive for use in the kingdom's locally consumed fuel.
Stephen Dawson, CEO of Bapco Closures, said: "We are delighted to formalise our working relationship with Aptargroup, which brings a world class sales and manufacturing infrastructure along with a proven track record in commercialising innovative packaging solutions.
The refiner said the key milestone was achieved last Wednesday with 'oil in' placement and a ceremony attended by senior members of Bapco leadership was held to commemorate it.
In an internal memo addressed to employees and contractors, Bapco management congratulated all involved for living Bapco EHS values, and applauded them for their contribution to the achievement of such a significant milestone, which is in line with Bapco's goal of an incident and injury free workplace.
There couldn't be a more favourable time for progressing with the large Bapco Modernisation Programme (BMP) than right now.
TWO new steam turbo-generators (STG) built at a cost of $110 million will be launched by Bapco soon.