Define: Marking Scheme

How is Marking Scheme defined in a legal contract?

• Marking Scheme means the strategy of assigning a range of marks to a potential provider, based on the quality of their response to a specified question. This question is found within a specified area of the document. Seen in 42 SEC filings
• Marking Scheme means a document outlining the set marks that a potential provider could receive, contingent upon their response quality to a question. This is detailed in a supplementary document. Seen in 2 SEC filings
• Marking Scheme means the guiding document found in a contractual agreement that represents the method and standards for how marks are awarded to potential service providers. This is contingent on the quality of their responses to key inquiries. Seen in 2 SEC filings
• Marking Scheme means instructions for determining the range of marks that might be given to a potential provider based on the quality of their response to a question. This scheme exists within set parameters. Seen in 1 SEC filing
• Marking Scheme means a system of marking that determines the range of marks which a bidder might be awarded depending on the standard of the response they provide to a particular question. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of marking scheme' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Marking Scheme means the strategy of allotting a range of marks to a potential provider based on their response quality to a specified question or inquiry.

Relevant Contract Types

• Tender and Bidding Contracts
• Request for Proposal (RFP) Contracts
• Procurement Contracts

Relevant Circumstances

• When evaluating proposals from different service providers in a competitive bidding process.
• When assessing potential providers for a project based on their understanding of the project scope and quality of the solution.

Relevant Sectors

• Construction Sector
• Public Sector
• IT Services Sector

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Genie Definition 2

• Marking Scheme means a system detailing criteria and range of marks for evaluating potential providers' responses to key inquiries or questions.

Relevant Contract Types

• Supplier Evaluation Contracts
• Vendor Assessment Contracts
• Performance Evaluation Contracts

Relevant Circumstances

• While assessing vendors or suppliers on their quality of services, product offering based on their response to certain questions.
• When evaluating performance of service providers based on their responses to strategic questions.

Relevant Sectors

• Supply Chain
• Software Services
• Hospitality

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