Buckinghamshire Traded Services

Termination notice period

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Term:

The term of your agreement commences on the agreed contract start date.

Termination

You may terminate the Contract prior to the expiry of the Term or Renewal Period by giving us not less than 3 months’ notice provided you pay to us the fees we would have earned and we would have become entitled to if the Contract had not been terminated prior to end of the annual contract, subject to the 3 months’ notice period.

Either party may terminate the Contract if the other party commits a material breach, or series of breaches resulting in a material breach, of the Contract and such breach is not remediable or is not remedied within 30 days of written notice requiring that party to do so.

In order to provide notice of termination, a letter/email from the Academy/MAT is required, on letter headed paper, notifying of the wish to terminate the contract.

Upon termination an exit fee of £371 per school is payable. This fee includes provision of a year to date report to the school to assist with the end of year process for Teachers Pensions.  We will also discuss with you options and costs for accessing historical data.

Any additional reporting requests will be chargeable as per the previous schedule for additional services.

On termination:

The Customer will immediately pay all invoices then outstanding;

We will invoice you for all Services provided but not yet invoiced including any cancellation fees due and you will pay such invoices immediately;

The party terminating the Agreement shall be liable for any expenditure incurred by the other side as a result of any breach of this provision.

In the unfortunate event of termination, it would be helpful to us to know why you wish to bring the agreement to an end. In order to improve our services, we would appreciate the opportunity to discuss with you your experiences. Prior to exiting, your account manager will contact you with a survey/discussion for you to supply your feedback.

 

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