Audit Log
A full history of your variations, who initiated them and who approved / signed them is stored within the contract for transparency and visibility.
Variation Types
A published contract can be varied through several actions (or a combination of):
Variate Conditions or Metadata: Update metadata stored against this contract.
Variate Price or Duration: Adjust, add or remove the contract renewal lengths and values.
Variate Schedule of Rates: Specify changes or additions to your schedule of rates and submit for review and approval.
Cessation of Contract: Cease contract. Once a contract is ceased it will not be able to be variated.
Exercising Contract Renewal: Exercise a contract renewal or initial term. Once exercised it cannot be adjusted.
Each contract can only have one variation at a time. Once a variation is started, it must progress through the same lifecycle as creating a new contract, through: Drafting → Pending Approval → Pending Signatures (if required) → Published.