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Get the free two, one-year renewal options, in an amount not to ... - Cook County

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Contract No. 11531858 Vendor Name: AUTOMOTIVE TECH CENTER AINENDHHENT, NO, 4 This Alignment modifies Contract No, 1153185B,for Automobile Maintenance and Repair for Zone 2 by and between the County
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Two one-year renewal options allow an individual or entity to renew a contract or agreement for an additional year on two separate occasions.
The party or parties involved in the original contract or agreement are required to file two one-year renewal options if they wish to extend the terms for another year.
Two one-year renewal options can typically be filled out by completing a specific form provided by the original contract or agreement issuer. The form usually requires the parties to indicate their intention to renew for another year and may include any updated terms or conditions.
The purpose of two one-year renewal options is to provide a mechanism for extending a contract or agreement beyond its original term without the need to negotiate an entirely new agreement. This allows for continued cooperation or business operations with minimal disruption.
Two one-year renewal options typically require the parties to report any updated information relevant to the agreement, such as changes in pricing, terms, or conditions. It may also require confirmation of the parties' intention to continue the agreement for another year.
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