13.1.1 Performance Monitoring System
The parties will agree upon a comprehensive Performance Monitoring System ("PMS") to monitor, on a timely and effective basis, whether the private party is delivering the Contracted Services to the Services Specifications. The methodology for the PMS will be fully set out in the project agreement. The robustness of this system is an important source of comfort to government that the private party is meeting its obligations.42
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42 Note that this comprises only one component of the broader project and contract monitoring that government should carry out or require the private party to carry out.