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The phrase "agreed-upon benchmarks" is correct and usable in written English.
It can be used when referring to standards or criteria that have been mutually accepted by parties involved in a discussion or agreement.
Example: "The project will be evaluated based on the agreed-upon benchmarks established at the beginning of the collaboration."
Alternatives: "mutually accepted standards" or "consensus benchmarks".
Exact(3)
Each beneficiary will sign a contract with consequences for failing to meet the agreed-upon benchmarks.
The government will reimburse them several years later, possibly with a bonus — but only if agreed-upon benchmarks show that the program is working.
Now, the appointments are said to be on the agenda as Afghanistan's foreign donors meet to assess whether Mr. Karzai's government is living up to the mutually agreed-upon benchmarks on promoting good government and combating corruption, known as the Tokyo Mutual Accountability Framework.
Similar(56)
Hedge-fund managers, for instance, typically are paid "2 and 20": they get two per cent of total assets as a management fee, and they keep twenty per cent of their investment gains (above some agreed-upon benchmark).
They're expensive, too: a standard fee is "2 and 20"; that is, each year you're charged two per cent of the money you've invested in the fund, and also twenty per cent of any profit above an agreed-upon benchmark.
Usually, this is 30/30/40 - 30% in advance (to bind you, and to enable you to purchase materials), 30% upon completion of some agreed-upon benchmark, such as delivery of comps (rough sketches, if you are an artist, or small printouts if you make signs or do other design type work, etc), and the balance upon completion.
The EMRALD team including several family physicians/EMR users discussed and agreed upon benchmarks for optimal completeness.
The problem is even more pronounced when homeowners are hoping to refinance a mortgage or get a home equity loan, because there is no current agreed-upon sale price as a benchmark, they say.
The full-day General Assembly gathering marks the first of three time-bound benchmarks set out in the Declaration of Commitment, the international community's agreed-upon blueprint for reversing the spread of infection, and caring for those already infected.
"This an agreed-upon sale".
A certain agreed-upon word.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com