When can a contract be renewed?
A contract can only be renewed once it has expired. NOTE: You will only see the 'Renew contract' option if the contract was in an executed state when it expired.
Who can renew a contract?
All contract members (including standard users who only has Preview access to the contract) will receive a notification when a contract has expired, but only the Contract Owner can only renew a contract.
If you have been tasked with renewing the contract and are not the current owner, you can assign this role yourself. From the Contract Overview tab, look for the Contract Owner field and then search for and assign the contract to yourself.
How to renew a contract
To renew a contract, select the Renew Contract option in the drop-down menu on the right side of the Contract Details tab. This drop-down menu is accessed by clicking the three-dot ellipsis button.
If you have just assigned yourself as Contract Owner, you will need to refresh the page to make the ellipsis button appear. Please note: You will only see the 'Renew contract' option if the contract was in an executed state when it expired.
How to adjust the expiration date
The assigned Contract Owner will receive a notification reminder that a contract is expiring in 30 days. To adjust the expiry date, click on the Expiry icon on the right side of the Contract Details tab above the ellipsis button and enter the appropriate date.
Please note: You cannot change the expiry date on a contract currently in an Expired state. If you attempt, you will be prompted to renew the contract.