In a prior article involving termination rights, we touched on the fact that buyers should include contractual provisions regarding how to transition outsourced services away from a supplier upon termination. This article provides a more complete explanation of how buyers can structure contracts to help ensure a smooth transition of services in-house or to an alternate supplier at the end of an outsourcing relationship.
Buyers should always negotiate a supplier’s termination assistance obligations during the initial contract negotiations. Buyers are more likely to obtain favorable termination assistance commitments from a supplier at the beginning of the relationship by leveraging the multiparty RFP negotiation process discussed in an earlier article.
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