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Contract Management Process - Solving Challenges in Contract Expiration and Renewals
The lifecycle of a contract should be analyzed in its entirety - from its conception up to its expiration and possible renewal However, there are certain agreements that contain automatic renewal clauses so the owner of the business has to keep track of these contracts
Renewal Energy: Need of the Hour!
Produced from the purest natural resources like sun, rain, wind and tides, Renewal energy is one of the cleanest sources of energy, which can be generated as and when required. In today’s scenario when all the global oil reservoirs are on the brink of declining, renewal energy is the much talked about topic and the only resource to be looked upon. With a futuristic point of view, the concept of utilizing renewal energy is being endorsed and hyped all around the globe.
The Business Lease Renewals Process
Renewal and termination of lease procedures are governed by The Landlord and Tenant Act 1954. In the case that landlord and tenant cannot agree on the renewal or termination of a lease on a property the courts are provided with the power to make an executive and final decision on the matter under this act.