This document is intended to serve as a glossary of terminology applicable to software development and computerized systems in FDA regulated industries. It will facilitate consistency in describing the requirements of the law and regulations applicable to such products and systems. It is also a resource for investigators who conduct inspections and investigations involving software and computerized systems. The organization of this document is primarily alphabetical.
Re: Can we amend the expired contract? My opinion is that any contract has a specified life in itself. A procuring Entity can add life (by Extension) to a living contract before it is declared dead and buried(Expiry). Once a contract is dead (by way of expiry) it can not be returned back to life.
Put a new contract in writing. Ideally, if you would like to extend a contract, you should do so in writing rather than verbally. You can either complete a new contract for the new term or modify the existing contract to reflect the new end date.f both parties agree without coercion, then the contract may be terminated as of the date of the partiesâ agreement. 1  Such a mutual agreement to end the contract may occur for several reasons. 2  For example, a mutual agreement might be reached if neither party wants what the other party has offered under the contract.