Workflow Templates: Client Contract Renewal checklist

Identify the current contract expiration date

Review the terms and conditions of the existing contract

Evaluate the performance and service delivery against the contract

Schedule a meeting with the client to discuss renewal

Prepare a summary of services provided and successes achieved

Discuss any changes the client would like in the new contract

Analyze the profitability of the current contract

Adjust pricing based on market conditions and service costs

Prepare a new proposal including any changes in fees or services

Draft the new contract incorporating any agreed-upon changes

Have the legal team review the updated contract for compliance

Finalize the contract for client review and acceptance

Obtain necessary internal approvals for the new contract terms

Ensure that all stakeholder departments are informed of the renewal

Update internal systems with the new contract details

Present the new contract to the client for approval

Address any concerns or final negotiations

Secure the client's signature on the new contract

Client Contract Renewal checklist