Notice dates can be used in notifications, so that a contract manager can take timely action on a contract or contract option before the notice date expires. Notice dates are automatically calculated and updated by Planon.

A notice date is shown at:

When calculating the notice date on a contract, any linked active terminations and renewals are also included. The notice date that is shown on the contract is always the smallest date, i.e. the date closest to the current date.

You can use the Tentative contract end date and Tentative notice date fields on renewal options and termination options for reporting purposes or for filtering the elements list. This way you can quickly and easily see when you need to take action, based on the list of active contract options.

For renewal options, the Tentative notice date is determined as follows:

Contract with a renewal option without priority:

Contract with two renewal options with priority:

For more information on working with contract options, see: