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CONTRACT-MANAGEMENT5 MIN READ

Commit to a renewal audit

Commit to auditing one renewal notice before the deadline becomes urgent.

Audit one active renewal notice and add the missing decision controls. Pick a real supplier or customer contract with a renewal, extension, or termination notice date. For [contract name], I will update the renewal control by [date] with: notice deadline, business decision owner, usage or value evidence owner, supplier contact, draft notice sender, and the internal decision deadline at least two weeks before notice is due. In 3 days, review whether the contract action happened and what evidence changed. A renewal where the supplier missed a service credit and the business owner wants to ignore it A customer contract waiting…

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