Termination - renegotiation
No contract or relationship lasts forever. Every outsourcing agreement will eventually need to be either renegotiated or ended.
Getting it right entails:
- Planning for the eventual termination of the contract and the continuing provision of the services
- Renegotiating the contract while keeping the underlying joint interest alive
- Decommissioning and/or reallocating the provision of the services to a new third party or bringing them in-house