Comments on: Savvy Telecom Contract Negotiations & RFP Technique #3 – Save The Date http://www.auditsandinvestigations.com/blog/index.php/2010/02/savvy-telecom-contract-negotiations-rfp-technique-3-save-the-date/ Think of it as free expense management cosulting :-) Thu, 01 Jul 2010 10:04:53 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Bob http://www.auditsandinvestigations.com/blog/index.php/2010/02/savvy-telecom-contract-negotiations-rfp-technique-3-save-the-date/comment-page-1/#comment-68 Bob Sat, 06 Mar 2010 03:06:52 +0000 http://www.auditsandinvestigations.com/blog/?p=137#comment-68 The default position with all network service providers is when contracts either expire or auto-renew that it's the customer's responsibility to know the terms. We see 'evergreen' contracts rollover for 2 or 3 years, complete with full penalty terms remaining in place. Other times they simply expire without warning and billing can jump up at least a factor of 2. In both cases this costs the client money and/or limits their options. We strongly recommend customers have a central electronic storage location for all fully executed copies of contracts. Also, some kind of tracking tool, even a simple spreadsheet is essential in heading off issues before they occur. The default position with all network service providers is when contracts either expire or auto-renew that it’s the customer’s responsibility to know the terms. We see ‘evergreen’ contracts rollover for 2 or 3 years, complete with full penalty terms remaining in place. Other times they simply expire without warning and billing can jump up at least a factor of 2. In both cases this costs the client money and/or limits their options.

We strongly recommend customers have a central electronic storage location for all fully executed copies of contracts. Also, some kind of tracking tool, even a simple spreadsheet is essential in heading off issues before they occur.

]]> By: Peter Quinn http://www.auditsandinvestigations.com/blog/index.php/2010/02/savvy-telecom-contract-negotiations-rfp-technique-3-save-the-date/comment-page-1/#comment-39 Peter Quinn Tue, 16 Feb 2010 02:59:05 +0000 http://www.auditsandinvestigations.com/blog/?p=137#comment-39 Hi. I am a long time reader. I wanted to say that I like your blog and the layout. Peter Quinn Hi. I am a long time reader. I wanted to say that I like your blog and the layout.

Peter Quinn

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