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Client Contract Renewal checklist
Contract Review
Identify the current contract expiration date
Review the terms and conditions of the existing contract
Evaluate the performance and service delivery against the contract
Client Communication
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
Financial Assessment
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
Contract Update
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
Internal Approval
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
Client Acceptance
Present the new contract to the client for approval
Address any concerns or final negotiations
Secure the client's signature on the new contract
