Adjust a contract After creating a contract, you can adjust it as necessary. Before you beginRole required: contract_manager or admin About this task For example, you may need to change the start date, end date, or payment amount for a contract. If a contract has a rate card, the rate card start date, end date, and base cost can also be adjusted. To adjust a contract, the State should be Active. If the end date of a contract rate card changes, the end date of any associated assets changes to match. Procedure Navigate to Contract Management > Contract > All. Select a contract in Active state. Click Adjust. Double-click in any field to edit information. Table 1. Adjust contract values Field Description Contract Start Date Date on which the contract takes effect. Contract End Date Date on which the contract expires. Contract Payment Amount Total amount paid for the contract. If the contract has one or more rate cards, this field shows the total of all rate card base costs. Rate Card Name Name of the rate card. Start date Date on which the rate card values take effect. End date Date on which the rate card values expire. Base cost Amount that must be paid before taxes. Click Apply changes to contract and rate cards. Renew a contractAfter creating a contract, you can renew it, if necessary.Extend a contractAfter creating a contract, you can extend it, if necessary. Extending the end date retains contract information and history.Cancel a contractYou can cancel a contract when the State is Active.