If there was a clause that allowed an option for an extension, the exercise of this extension option must take place before the end of the term of the contract. You need a new letter between the parties. If the agreement has not been amended, the quickest way to prepare a simple document, which contains in reference to all the terms of the existing agreement, and then, as you write an amendment, you change the things that need to be changed, remove the things that the parties no longer need and add things that the parties accept. Due to the lack of Australian jurisprudence, Australian courts have sought to guide U.S., Canadian and English courts. In a recent case, in English, it was found that a telephone conversation between the parties and a follow-up email were sufficient to establish that the terms of the original agreement (expired) were applicable to continuous service, although the follow-up email did not elicit any comment or refusal from the other party, demonstrating the relative ease with which an expired contract could be implied and confirmed by conduct. If your contract has a clause authorizing an extension, this renewal option must be exercised before the original term expires. You must obtain a written agreement on this extension. The quickest way to do this is to put together a simple document that refers to all the terms of the existing agreement. Then, as if you were writing an amendment, change all the conditions that need to be changed and make all the additions or deletions that both parties accept. With regard to contractual risks, it is important to consider the language used for each change made by an agency. If the agreement does not contain the correct language, the company mandated by the Agency could later argue that the initial terms of the contract are invalid because the contract has expired. The language contained in a treaty change must indicate that the original contract expired due to mismanagement. In order to avoid situations in which a required contract has expired, you can write agreements whose duration is automatically renewed by advance-agreed steps, in which one of the parties can communicate its intention not to renew it.

In contract law, time has an impact on whether statements made during the contract negotiation phase can be considered contractual clauses or insurance. A representation is a statement made by each of the parties in initial discussions about the contract in which they wish to enter. Normally, parties cannot rely on assurances and claim that the other party has promised to do one or the other. However, there are times when the courts allow it. The longer the time between the negotiation of contractual terms and its shortening to a written agreement, the more likely it is that a party`s declaration will be considered a representation rather than a specific contractual clause.